The economic outlook remains deteriorated in the building constructionQuaterly business survey in the real-estate development - July 2009

According to the entrepreneurs interviewed in July 2009, the activity remains deteriorated in the building construction.

According to the entrepreneurs interviewed in July 2009, the activity remains deteriorated in the building construction.

Tableau 4 – Building construction economic outlook

Balances of opinion, in %, SA
Building construction economic outlook
Mean* Oct. 08 Jan. 09 Avr. 09 Jul. 09
New dwelling demand
- dwellings to buy -32 -94 -84 -45 -40
- dwellings to rent 22 12 13 6 7
Expected housing starts
- dwellings to buy -13 -59 -70 -46 -14
- dwellings to rent 2 -1 -2 20 5
Unsold dwelling stock -28 -18 -12 -47 -49
Housing average price for sale 10 -43 -54 -51 -24
Downpayment -20 -56 -59 -38 -34
Financing capacity -19 -75 -62 -18 -32
  • * Mean since july 1991.

Demand – New dwelling demand tendency