The number of building permits issued in Romania in the first ten months of the current year increased by 3.4 percent compared to the corresponding period of the previous year up to 36,720, according to National Institute of Statistics (INS).
In October this year, 3,705 building permits for residential buildings were released, down 7.5 percent versus September 2018, and 4 percent versus October 2017.
According to INS data, 36,720 building permits for residential buildings were issued between 1 January and 31 October 2018, with increases in the following development regions: South-Muntenia (+449 permits), South-West Oltenia (+ 400), South East (+275), West (+258), North West (+126) and Center (+125).
On the other hand, decreases were registered in the North-East development regions (-224 authorizations) and Bucharest-Ilfov (-185). In October 2018, 3,705 building permits were issued, of which 66.3 percent were for the rural area.
Regional distribution shows a decrease in the number of building permits issued for residential buildings of 301 permits, reflected in the following development regions: Bucharest-Ilfov (-103 permits), South-East (-74), South-Muntenia 72), North-East (-71), Northwest (-55), South-West Oltenia (-12) and Center (-3).
Growth was recorded only in the West development region (+89 permits). Also, in October 2018 compared to the same month of the previous year, there was a decrease in the number of building permits issued for residential buildings (-156 permits), a trend reflected in Bucharest-Ilfov development regions (-168 permits) and West (-89).
At the same time, increases were in the following development regions: South-East (+54 permits), Southwest Oltenia (+24), South-Muntenia (+17), Northwest (+4) 2). In the development region Center was issued the same number of authorizations as in October 2017.