Bulgaria - Residential Building Completions

Bulgaria: Residential Building Completions

Mnemonic	HCMPR.IBGR
Unit	#, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	22.57 %
Data	2022 Q4	1,613
	2022 Q3	1,316

Series Information

Source	National Statistics Institute (NSI) - Republic of Bulgaria
Release	Short-term statistics on residential buildings [Housing completions]
Frequency	Quarterly
Start Date	3/31/2008
End Date	12/31/2022

Bulgaria: Real Estate

	Reference	Last	Previous	Units	Frequency
Building Permits	2022 Q4	3,112	3,386	#, NSA	Quarterly
Non-residential Building Permits	2022 Q4	1,201	1,227	#, NSA	Quarterly
Residential Building Completions	2022 Q4	1,613	1,316	#, NSA	Quarterly
Residential Building Permits	2022 Q4	1,911	2,159	#, NSA	Quarterly
House Price Index	2022 Q3	174.43	167.58	Index 2015=100, NSA	Quarterly
House Price Index for Existing Homes	2022 Q3	180.95	174.41	Index 2015=100, NSA	Quarterly
House Price Index for New Homes	2022 Q3	163.82	156.55	Index 2015=100, NSA	Quarterly
Dwelling Stocks	2021	4,001,873	3,985,172	#	Annual

Release Information

Description

For Bulgaria, the main purpose of the short-term statistics on residential buildings is to provide a quarterly information about newly built and destroyed residential buildings.

Methodology

Units of the survey are:

Newly built residential buildings
Newly built dwellings
Useful floor space of the newly built dwellings
Destroyed residential buildings
Useful floor space of the newly built dwellings

The statistical information of the survey is provided regularly to municipal district and government authorities. It is used as a base on preparation of prognoses and analysis about the housing policy and construction in Bulgaria.

The data about short-term statistics on residential buildings are carried out quarterly.

Here are some definitions provided by the source:

Steel-concrete buildings are those of which the carrier and the floor constructions are built of steel-concrete and the walls are made of panels, brick masonry or other materials
Solid structures are those of which the carrier walls are of brick and stone masonry and the belts, the beams and the floor construction are made of steel-concrete but have no steel concrete columns. The buildings of which the floor elements are precast reinforced concrete units also refers to the solid structures.
In the group of ‘other buildings’ are included the structures that are built of stones, sun-dried brick, wood and other materials.
Living floor space is the floor area of living-rooms, bedrooms, recesses for sleeping, dining rooms, the rooms for day-stay, cabinets and libraries of scientists, drawing-rooms.
Service floor space is the floor area of the rooms and kitchens with less than 4 square meters floor area, vestibules with a portal or another screen, bathrooms, toilets, larders, hanging closets, other service rooms (drying-rooms, laundries or balconies) not depending on their area.
Kitchen area includes kitchens with over than 4 square meters floor area.
The useful area of the dwelling is sum of the living-floor space, service floor space and the area of the kitchens.

Revisions

Final data replaces preliminary data four months after the reference year.

Notes

Attribution

The information above was taken directly from the source, the National Statistical Institute - Republic of Bulgaria. For more information, please check here.