AICCOPN and AECOPS recognize that containment measures represent serious constraints in activities closely related to the sector
Although the impact of the restrictive measures strongly indicated this situation, the trajectory of construction stability continued in March, which announced major restrictions in activities closely related to the sector, such as real estate mediation.
In a statement, AICCOPN-Industrial Construction and Public Works Association and AECOPS-Construction, Public Works and Service Companies Association stated that the cumulative annual change in cement consumption in the national market in the first two months of 2021 reflects this situation. After an increase of 10.6% in 2020, it stabilized at almost zero -0.2%.
The two associations also pointed out: “Recently released household accommodation transaction data for the fourth quarter of 2020 shows that 49,734 household transactions, a record high, global transaction volume of 7.534 billion euros, which means a year-on-year growth. 1.0% and 1.0% respectively. 8.7%”.
Regarding real estate prices, AICCOPN and AECOPS emphasized that the global growth trend will remain unchanged in 2020, and the house price index in the fourth quarter increased by 8.6% year-on-year.
The already mentioned bank valuation of housing in February 2021 continues to reach a new historical high, an increase of 5.7%, which is also an increase compared to the same period last year.
Regarding the city council’s work permits, the first month of 2021 was negative, with an overall decrease of 17.3%. This was due to a 10.9% decrease in residential construction and a 32.0% decrease in non-residential construction.
They mentioned that in the field of civil engineering, the market for public works contracts maintained positive growth in the first two months of 2021, and added that the promotional amount of public works contracts was 543 million euros, an increase of 2% over the previous year. same time last year.
“As for the contracts that have been concluded and taking into account all the information reported on the basic portal, the annual change rate is -3%, but it uses a time-comparable indicator, that is, using known information in 3 times a year. On 15th, “the indicator increased by 23.7%”, also affirmed the two associations in the construction industry.