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Building permits and completed buildings trending downwards
Construction: building permits and completed buildings
Building permits and completed buildings trending downwards - 1st Quarter 2011
14 June 2011

Summary
In the first quarter of 2011, about 6,500 building permits were licensed, and approximately 9,100 buildings were completed. These figures represent an annual average of -9,3% and +2,7%, respectively, maintaining the trend registered in the previous quarters but with a slight rise in the beginning of 2011.
From the previous quarter, the number of building permits increased by 1,6% and completed buildings increased by 3,9%.

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