Montenegro's building permits decline 20% y/y in Q3

Based on the building permits issued in the July-September period, the number of planned dwellings declined to 233 from 870 in the like period of last year. On a quarterly basis, it decreased by 15%, the statistical office said in a statement on Friday.

The total floor area of planned dwellings increased to 13,864 sq m, down 71.4% year-on-year.

In 2018, the number of building permits issued in Montenegro declined to 295 from 1,050 in the previous year.