Romanian 4Q ‘10 Finalized Dwellings Down By 6,251 To 16,680 Units

The number of residential constructions finalized in the fourth quarter of 2010 fell by 6,251 units compared with the similar period a year earlier, at 16,680 units, the National Statistical Institute, or INS, said Friday.

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In the whole 2010, some 48,812 dwellings were delivered, down by 12,289 compared with a year earlier.

Housing finalized in the rural area represented 59% of the total residential constructions in October to December 2010, while in the last three months of 2009, dwellings delivered in rural areas represented 53.6% of the total.

In 2010, most constructions were financed from private funds, namely 94.4%. Thus, housing finalized in 2010 with private funds reached 46,086 units, while housing built from public funds were at 2,726 units.

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