Increase in Building Permits for New Apartment Buildings
August 13, 2026
The increase in building permits indicates a positive trend in the real estate market, particularly in the construction of apartment buildings. From January to April 2026, permits for residential units increased by 35.1% compared to last year. The country expects to see 1,728 new residential units, while apartment buildings significantly contribute to the housing stock. The government is also working on the creation of affordable housing. These developments appear to be a positive prospect for the market and the reduction of prices.