Both new dwellings and permits grow in H1

Sustainability

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Some 46% new dwellings were built in the first half of 2017, as compared to the same period a year earlier, while the number of dwellings to be built based on issued dwelling construction permits and simple declarations was 40% more than in the first half of 2016, the Central Statistical Office (KSH) said in a first release of data this morning.

The number of dwellings built was unchanged in Budapest, more than one and a half times higher in towns and almost doubled in villages, KSH said.

The proportion of dwellings built by individuals increased from 46% to 50%, that of dwellings built by enterprises fell from 54% to 50%, according to data by KSH.

According to KSH data, the average floor-area of homes put to use increased by 6 sqm to 95 sqm.

The total number of homes to be built based on declarations and issued building permits was 19,823, 40% more than in the previous period, the recovery was mainly significant in Budapest and in smaller towns, according to KSH.

Based on new construction permits (declarations), 11% more, i.e. a total of 6,841 residential buildings are planned to be built, while the number of permits issued for non-residential buildings (2,431) decreased by 21% compared to the previous year, KSH added.

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