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Friday, October 22, 2021

Flats under construction, construction and assembly production, August 2021 – data from the Central Statistical Office of Poland

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In August, 18,861 flats were completed, an increase of 16.5 percent year on year and an increase of 4.4 percent compared to July. Last month, the construction of nearly 24,000 new apartments was also started. Construction and assembly production in August was higher by 10.2 percent than a year ago and by 3.2 percent compared to July, the Central Statistical Office (GUS) informed.

The Central Statistical Office estimates that at the end of August this year, 880.5 thousand jobs were under construction. flats, i.e. by 6.1 percent more than in the corresponding month of 2020.

According to preliminary data from the Central Statistical Office of Poland, from January to August this year, 142.5 thousand sq m was put into use. flats, i.e. by 4.1 percent. more than in the same period last year. Of this, developers provided 82.8 thousand. flats – by 6.6 percent less than a year ago. Individual investors handed over for use 56.6 thousand. flats, by 22.6 percent. more year on year. The remaining flats relate to other forms of construction: cooperative, communal, social and rental and company housing.

In August alone, 18,861 apartments were commissioned.


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Apartments under construction

In addition, in the period January-August, permits were issued or construction notifications were filed for 227.4 thousand. flats, or 34.9 percent. more than a year ago. As indicated, building permits for the largest number of apartments were received by developers (142.2 thousand, an increase by 41.0% y / y) and individual investors (82.8 thousand, an increase by 26.3%) “- we read Last month, permits were issued or the construction of 26,848 flats was notified, which means an increase by 28% year on year and a decrease by 6.9% compared to July.

During the above-mentioned period, the construction of 194.5 thousand square meters was started. flats, by 37.8 percent. more than a year ago. According to preliminary data from the Central Statistical Office, developers have started the construction of 116.8 thousand sq m. flats, i.e. by 52.0 percent more than in the same period last year, and individual investors 74.4 thousand, which meant an increase by 20.2 percent. Every year.

Construction and assembly production in Poland

On Tuesday, the CSO also released preliminary data on construction and assembly production. They show that production at constant prices in August this year. was higher by 10.2 percent. compared to the same period last year, it also increased by 3.2 percent. month to month. The data concerns enterprises with more than 9 employees.

“Compared to August 2020, an increase in the value of construction and assembly production was observed in all construction sectors, with units performing specialized construction works – by 29.7%, and in enterprises erecting civil engineering structures – by 6.8% ., and those engaged in the construction of buildings – by 0.4 percent. ” – reported the Central Statistical Office.

PKO BP economists described the new data on construction and assembly production as a “positive surprise”.

“A positive surprise from the construction sector. Construction and assembly production increased by 10.2% y / y (PKO: 7.7%, cons. 7.5%) against 3.3% y / y in July, with solid dynamics of specialist works (29.7% y / y) and engineering (6.4% y / y). Production levels follow the 2018 pattern, “economists wrote on Twitter.

Main photo source: Shutterstock

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