Home completions down 3.4% in Poland in first nine months of 2023: stats office

Builders in Poland completed 3.4 percent fewer homes in the first nine months of this year than in the same period in 2022, the country’s Central Statistical Office (GUS) reported on Monday.

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Around 161,300 housing units were completed nationwide between the start of January and the end of September, the office said.

It added that the number of housing starts during this time, at around 138,900 in total, was 15.7 percent lower than in the same period last year.

According to preliminary data, from January to September 2023, 161.3 thous. dwellings were completed, i. e. 3.4% less than in the corresponding period of 2022.https://t.co/NxCWPa4p80#StatisticsPoland #statistics #housing #constructionHousing #building #houses pic.twitter.com/W0R6FUkZuS

— Statistics Poland (@StatPoland) October 23, 2023

Meanwhile, overall output in Poland’s construction-and-assembly sector increased by 11.5 percent in September in year-on-year terms, while rising 11.4 percent month on month, the state-run statistics agency also reported.

According to preliminary data, in September 2023, construction and assembly production was 11.5% higher than in September 2022 and 11.4% higher than in August 2023.https://t.co/qNvvKfw0mD#StatisticsPoland #statistics #economy #production #construction. pic.twitter.com/aZYuXkv8JS

— Statistics Poland (@StatPoland) October 23, 2023

Builders completed around 238,600 new homes in Poland last year, 1.7 percent more than in 2021, Statistics Poland estimated earlier this year.

(gs)

Source: PAP, stat.gov.pl