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Building permits for apartments collapse by almost a third

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Building permits for apartments collapse by almost a third

The number of building commitments for single-family homes fell by an above-average rate in April, namely by 33.5 percent to 18,300. In the case of two-family houses, there was an even greater decline of 52.1 percent to 5300. “Even in the case of the numerically strongest type of building, the multi-family houses, the number of approved apartments fell significantly,” emphasized the statisticians. Here there was a minus of 27.1 percent to 48,200.

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