Published on: 3 November 2017

Improving sentiment in construction, one and a half times more new dwellings

In the first three quarters of 2017, 7,981 new dwellings were built, 52% more than a year earlier. The number of dwellings to be built based on issued dwelling construction permits and simple declarations grew by 33% to 28,411 compared to the first three quarters of 2016.

In the first three quarters of 2017, compared to the same period of the previous year:

The rise became general in the number of dwellings built showing above average rates in smaller settlements and below average rates in big cities. In Budapest 18% more new dwellings were built.

Within dwelling construction, the share of individuals remained broadly equal to that of enterprises.

The average floor-area of homes put to use increased by 4 sq m to 97 sq m.

The total number of dwellings to be built based on issued dwelling construction permits and declarations increased by an average of 33% to 28,411, within this a more than two-fold increase was registered in Budapest. Builders used simple declarations in 37% of cases, whose share was 12% in Budapest and grew higher moving towards lower level territorial units. This procedure is used in case of nearly three quarters of dwellings currently built in villages.

Based on new construction permits (declarations), 11% more, i.e. a total of 10,203 residential buildings are planned to be built, while the number of permits issued for non-residential buildings (3,999) increased by 20% compared to the previous year.

New dwelling construction permits and simple declarations, dwellings put to use and ceased

Territorial unit New dwelling construction permits issued (declarations) in quarters 1–3 Number of dwellings put to use in quarters 1–3 Quarters 1–3 2017 as a percentage of quarters 1–3 2016 Number of dwellings ceased to exist in quarters 1–3
number
quarters 1–3 2017 as a percentage of quarters 1–3 2016
2016 2017 of which: simple declarations 2016 2017 2016 2017
Budapest5 38310 9521 262203.51 4121 660117.6103262
Towns of county rank6 3696 0751 98195.41 6032 281142.3384364
Other towns6 4037 1484 074111.61 4102 574182.6544445
Villages 3 2594 2363 096130.08441 466173.7258297
Total21 41428 41110 413132.75 2697 981151.51 2891 368

Methodological note: in accordance with Government Decree 456/2015. (XII.29.) statistical data contain construction permits, simple declarations, put to use permits and official certificates concerning the put to use of buildings constructed on the basis of simple declaration.