Czech Republic: Dwelling permits Lowest in 8 Months

In November 2018 the dwelling permits were around 2.400 units in the Czech Republic. This is -16,5% under the annual average and the lowest since March 2018. Put this number next to the last 10 years, and the highest value can be found back in May 2008, which is 4.686 units while the lowest value was 1.659 units in January 2015. Compared to the year before, the value has decreased by -4,2% and compared to October, we have a decrease of the value by -13,1%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -3,2%.