Sponsored
Article Tools

Hungary: Sharp Decline in Dwelling Construction

Published: February 22, 2013; 11:42 · (Vindobona)

In 2012, 10560 new dwellings were built, 17 percent fewer than in the previous year. The number of dwelling construction permits was 10600, a 15 percent decline compared to the data of 2011.

Hungary: Sharp Decline in Dwelling Construction / Picture: © Flickr

In Budapest, these figures fell even more sharply by 48 and 32% respectively. Within new home construction, the proportion of those dwellings, which were built by enterprises or put up for sale, continued to decrease. However, the proportion of those dwellings, which were built in family houses or had a larger floor area, increased in connection with…

This article includes a total of 812 words.

or Log In

Fast News Search