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Bulgaria Residential Building Permits down 35 % in 2009 3rd Quarter

Date: 25.11.2009

The building permits issued by local administrations in Bulgaria during the third quarter of 2009 are down 35 % year/year while the residential units inside those buildings are down 60 %.

The data was released Monday by the National Statistics Institute (NSI). It further shows the administrative buildings are down 33,3 %, while other buildings are reduced by 11,5 %.

During the third quarter, local administrations have issued building permits for 1 783 buildings with 5 209 residential units inside them, 84 administrative buildings, and 1 289 other buildings.

Compared to the second quarter, the residential building permits are down 2,7 %, but the units inside them are up 15,6 %. The number of administrative buildings during the third quarter is up by 6,3 % compared to the second one, while other buildings are up 11,1 %.

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