Romanian residential building permits decreases in Q1

9 May 2023

In the first quarter of 2023, 7,996 building permits were issued for residential buildings, down 23.7 percent compared to the first quarter of 2022, according to data from the National Institute of Statistics.

“Decreases were recorded in the following development regions: Bucharest-Ilfov (-535 authorizations), North-West (-447), South-Muntenia (-378), South-East (-302), West (-284) , South-West Oltenia (-277) and North-East (-273). The increase was recorded in the Center development region (+10 permits),” INS data show.

In March 2023, 3,346 building permits were issued for residential buildings (+30.1 percent compared to February 2023), with a total usable area of 835,501 sqm (+4.8 percent). Of the total building permits for residential buildings, 71.2 percent are for the rural area.

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