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  1. Building activity up by 6.2 pct in April for third straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    six years ago. Building activity is indirectly to apartment prices, which fell by 7.5 percent

    8%

  2. Building activity down by 3.5 pct in Sept for third straight fall

    EconomyMacroeconomy

    permits shrank to a low of 13,383 in 2014 from a peak of 65,474 in 2008. At the same time, apartment

    8%

  3. Drop in building activity accelerates to 11.3 pct in Oct

    EconomyMacroeconomy

    of 65,474 in 2008. Apartment prices dropped in the third quarter (Q3) of 2015 by 6.1 percent for their 26th

    8%

  4. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    of building permits tumbled to 13,383 in 2014 from a peak of 65,474 in 2008. Apartment prices fell

    8%

  5. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    over this 7-year period. Apartment prices fell for the 27th successive quarter in the third quarter (Q3

    8%

  6. Drop in building activity slows to 12.2 pct in February

    EconomyMacroeconomy

    65,474 in 2008 to 13,257 in 2015. Over this period, apartment prices have fallen by 41.5 percent

    8%

  7. Building activity falls by 11.5 pct in March for third straight decline
    Photo by MacroPolis

    EconomyMacroeconomy

    . Meanwhile, apartment prices have decreased by 41.6 percent over this period. Official estimates point

    8%

  8. Building activity decreases at slower pace of 5.3 pct in April

    EconomyMacroeconomy

    thought that the fall of 0.9 percent recorded last year was the lowest rate since 2006. Apartment prices

    8%

  9. Building activity plummets 31.5 pct in May

    EconomyMacroeconomy

    to a nosedive of more than 86 percent from the peak of 95,730 in 2005. In addition, apartment prices

    8%

  10. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    from the 2005 figure of 95,730. Meanwhile, apartment prices headed south for the twenty-ninth

    8%