Real Estate:Number of construction authorisations for residential buildings declines over 21 percent in May

The number of construction authorisations for residential buildings declined 21.1 percent in May 2013, compared with the similar interval last year, reaching 3,365 authorisations, as reveal the data of the National Institute for Statistics.According to the quoted information, a number of 3,365 authorisations were issued in May for constructing residential buildings, out of which 66.1 percent were for the rural area.The INS data show that, ...

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