European residential construction fell by one-fifth in 2008 and 2009 - - back to 1995 level; Further dip of 2% expected in 2010
Feb 12th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In the past two years, developments in European residential construction were dramatic: in 2008 and 2009 construction volume in the 19 countries analysed by the Euroconstruct group fell by one fifth overall - - back to 1995 levels. For this year a moderate decline in residential construction activity of about 2 per cent is expected.