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Main » Articles » Real Estate » Real Estate News

Estonia has decreased the volume of construction

In I quarter of the total value of construction works completed in Estonia decreased by 46,4% from the previous quarter.

Compared with the I quarter 2009 decline of this indicator was 40%. At the same time in the segment of building construction volume decreased by 40,6%, and in the segment of infrastructure - on 38,9%, according to a report of the Estonian Statistical Office.

Number built during January-March of residential property increased by 11,4% compared to the same period last year. The number of construction permits for residential projects, issued for the I quarter has grown three-fold year on year.

Note that comparable data on the rates of construction in Estonia earlier led by professionals of the local property market.

Category: Real Estate News | Added by: Дмитрий (30.05.2010) W
Views: 257 | Rating: 0.0/0

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