A association in the Construction Sector Situational Analysis states that, with regard to the construction sector, AICCOPN states that there is an improvement in the majority of indicators relating to its activity.
In this sense, in the first quarter of this year, in the public works market, there was “an increase of 32.9%, in year-on-year terms and comparable in time, in the amount of works contracts, concluded and registered on the Base Portal, which totaled 794.4 million euros”.
As for the area licensed by local authorities, in the first two months of this year, there was a drop of 8% in residential buildings and a decline of 21.5% in non-residential buildings, year-on-year, he said.
The licensing of dwellings in new constructions during this period showed a reduction of 12.4%, year-on-year, for a total of 4,811 homes.
In February, the valuation of housing for bank credit purposes increased by 5.5% to 1560 euros/m2%, year-on-year.
This month, the new housing construction cost index increased by 2.2% year-on-year, with a 0.7% drop in the materials component and a 6% growth in the labor component. , concludes the analysis of the sector association.
Read Also: Cement consumption in Portugal grows 13.4% until February
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