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Licensing and works completions at levels above those in the pre-pandemic period
Construction: building permits and completed buildings
Licensing and works completions at levels above those in the pre-pandemic period - 2nd Quarter 2021
10 September 2021

Summary

In the 2nd quarter of 2021, there were 6.5 thousand licensed buildings, i.e., +27.1% in comparison with the same quarter of the previous year (+8.3% in the 1st quarter of 2021). This figure surpasses the one registered in the 2nd quarter of 2019 (pre-COVID-19 period) by 9.3%. Building permits for new constructions increased by 27.3%, i.e., +14.7% vis-à-vis the 2nd quarter of 2019 (+9,8% in the 1st quarter of 2021). Renovation permits grew by 25.4%, representing a 6.7% decrease compared with the 2nd quarter of 2019 (+2.9% in the 1st quarter of 2021). The number of completed buildings increased by 3.3% (+5.6% in the 1st quarter of 2021; +7,9% when compared with the 2nd quarter of 2019) amounting to 3.7 thousand buildings.
Compared with the previous quarter, the number of building permits decreased by 1.5% (+13.0% in the 1st quarter of 2021) and the number of completed buildings decreased by 0.4% (-3.0% in the 1st quarter of 2021).
The monthly analysis reveals that after the year-on-year decrease registered in January (-13.3%), the building permits grew quite significantly in March, April, and May (+45.3%, +70.5% and +22.9%, respectively). When compared to the same months of 2019, this growth is also relevant in March, April, and June (+25.2%, +27.7% and +8.8%, respectively).


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