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Statistics Portugal

03/15/2019 | Press release | Distributed by Public on 03/15/2019 05:12

Building permits increased by 28.8% and completed buildings grew by 18.8%

Summary

In the 4th quarter 2018, the number of building permits increased by 28.8% in comparison with the same period of the previous year (+18.6% in the 3rd quarter 2018), corresponding to 5.6 thousand buildings. Building permits for new constructions increased by 29.9% (+20.4% in the 3rd quarter 2018) and rehabilitation permits grew by 22.4% (+8.6% in the 3rd quarter 2018). Completed buildings recorded a 18.8% increase (+12.3% in the 3rd quarter 2018) with a total of 4.0 thousand buildings.
When compared to the previous quarter, the number of building permits increased by 4.4% (-6.5% in the 3rd quarter 2018) and completed buildings grew by 4.8% (+8.2% in the 3rd quarter 2018).
In 2018 as a whole, the number of building permits was 22.1 thousand and completed buildings ascended to 15.0 thousand, corresponding to increases of 18.5% and 16.1%, respectively, vis-à-vis the previous year (+9.9% and +22.1%, in the same order, in 2017).