The viz was updated on 3 March 2026.
→ Türkiye and Hungary was added so only Q4 Ukraine is missing, it will be published in mid March.
When it comes to permits, Croatia and Serbia are still very stable. Both countries experienced massive expansion between 2014 and 2022 and they have remained close to their peak every since. Croatia has had more than 4 million, while Serbia has had above 7 million permitted m2 for three years. Last year in Slovenia was not soo good, so it remained below the peak reached in 2022. Bulgaria is also below its latest peak, but permit data of the latest 4 quarters depict a growing optimism, particularly in residential. The mild recovery in Romania, led by the residential submarket, stopped at the end of the year. Hungary turned upward mostly because of the residential permits. The non-residential submarket looks weak, but it has stopped falling further lately, at least.
You may use the dropdown in the viz for selecting either the residential or the non-residential submarket, or both.
See the full viz: EECFA Permit-Completion Quarterly – 3 March 2026
In the full visualization, not only permit but completion data can be followed (where available). Just click on the Country-by-country sheet.
Led by the residential submarket, Türkiye bounced back and up. And due to changing accounting method, all permit time series from 2010 have been revised. From Q2 2025 on, permits issued by authorities other than the municipalities are also published by TUIK. So the scope is bigger, the results show the full picture. Click through the below viz for understanding the size and the impact of this revision. Modest optimism prevails in Ukraine, the permitted floor area keeps expanding. Since the beginning of this year the residential submarket drives this growth. Russia is stable when it comes to completion of buildings. The year-end was strong on both the residential and non-residential submarket.
This visual about the significance of the permit revision in Türkiye was compiled back in September 2025.