EECFA 2018 Winter Construction Forecast

EECFA released its 2018 Winter Construction Forecast Reports on 5 December 2018. Key findings are summarized in this article

From gloom to boom: Residential market in Serbia

Residential construction in Serbia is performing extremely well with 2018 volumes again surpassing initial expectations. Dejan Krajinoviæ (Beobuild Core D.O.O, EECFA Serbia) has written this article

Russia: mortgage boom

Mortgage loans in Russia have been the most common means for purchasing homes in recent years, compensating for the crisis years of 2015-2016 in Russia. The full blog post written by Andrey Vakulenko (MACON Realty Group, EECFA Russia) can be read here

Turkey forecast in hindsight

In EECFA's many previous forecast rounds, we communicated a soft-landing scenario for Turkey's construction market. After this very turbulent summer, this is a second look taken at our latest forecast

Global warming: near-future effects on the Croatian coastal infrastructure

Blog post written by Michael Glazer (SEE Regional Advisors) and Tatjana Halapija (Nada Projekt), EECFA Croatia: Global warming: near-future effects on the Croatian coastal infrastructure

Residential construction in Bulgaria

Residential construction in Bulgaria - Growth goes on, challenges remain: full article written by Yasen Georgiev and Dragomir Belchev, EPI (EECFA Bulgaria)

EECFA countries in the 2018 Spring Macro Forecast of the European Commission

Before the publication of the 2018 Summer EECFA Forecast Report, the European Commission released its spring forecast, revealing the prospects for almost all EECFA member countries.The main changes are highlighted in this post written by Aron Horvath, PhD, EECFA Research, ELTINGA

EECFA 2018 Summer Construction Forecast

EECFA has released its 2018 Summer Construction Forecast Reports up to 2020. The main findings of the reports are summarized in this blogpost

Housing market prospects in Ukraine

The most likely scenario for the housing market in Ukraine in the current situation of overheating is a gradual deceleration. A sudden market collapse is unlikely. The full article is available here by Sergii Zapototskyi (EECFA Ukraine)

Ljubljana among cities with the fastest growing real estate prices

Ljubljana has strongly rebounded from the recession. Since the bottom of the recession in 2015 till 2017, the average real estate price has increased by 15%. However, the price growth accelerated in 2018, making Ljubljana one of the hottest real estate markets in the world. Read the full article written by dr. Ales Pustovrh (EECFA Slovenia).

Updated Permit and Completion Data 2017

We have updated our interactive permit & completion charts for residential and non-residential buildings

The stability of the Romanian residential construction market

Housing market in Romania is seeing a rapid expansion, which rings the bell to some experts: there is a growing concern that the 2008 turmoil might repeat itself. This article written by Dr. Sebastian Sipos-Gug (EECFA Romania) is looking at the probabilities of this to happen.

Housing Production and Housing Price Relationship in Turkey

Written by Prof. Dr. Ali Türel (EECFA Turkey), this blogpost is to elaborate on the paradoxical situation Turkey is facing: while building construction cost has risen by 22.8 per cent in nominal, 9.8 per cent in real prices, real housing prices have decreased by up to 7 percent.

EECFA 2017 Winter Construction Forecast and Revision

EECFA, the forecasting association conducting research on the construction markets of 8 Eastern-European countries, published its 2017 Winter Construction Forecast Reports on 4 December. A concise summary on the main findings is outlined here.

Retail in Serbia: primed for take off

Retail sector in Serbia is now reaping the benefits of the permit reform launched in 2015 with the country now experiencing a new investment cycle of the construction of high-volume international-type shopping malls. The full article was written by Dejan Krajinoviæ, Beobuild Core, EECFA Serbia.

Housing market in Russia

This article, written by Andrey Vakulenko, MACON Realty Group, EECFA Russia, is showing another angle of predicting housing market developments in Russia: Demand potential shaping future market dynamics.

Dealing with construction permits in Bulgaria, Hungary, Romania

Buildecon coordinated the Subnational Doing Business project of The World Bank on two indicators (dealing with construction permits and getting electricity) in the private sector in Hungary in 2016. This article is looking at the key findings on the dealing with construction permits indicator in Bulgaria, Hungary and Romania.

Game of Towers

Written by Yasen Georgiev and Dragomir Belchev, EPI, EECFA Bulgaria, this article is about New Dynamics in Office Construction in Sofia.

EECFA 2017 Summer Construction Forecast and Revision

EECFA has released its summer construction forecast on 16 June 2017 on Bulgaria, Croatia, Romania, Russia, Serbia, Slovenia, Turkey and Ukraine. This blogpost intends to summarize the most important projections for these construction markets for the years 2017-2019. 

Agrokor aggravation

Do the Agrokor Group's tribulations threaten the Croatian construction sector? This article, written by Michael Glazer, SEE Regional Advisors and Tatjana Halapija, Nada Projekt, EECFA Croatia, is answering this question.

Small is beautiful and has the potential to grow!

This article, written by Ales Pustovrh, Bogatin, EECFA Slovenia, looks at how the Slovenian economy has rebounded after the recession, which is improving the construction industry and might even result in the implementation of big projects.

2016 Permit-Completion results of EECFA countries

Our updated residential and non-residential graphs are available. More details

EECFA 2016 Winter Forecast

EECFA has released its winter construction forecast reports on 2 December 2016. In this post you will find the concise summary on our expectations for the 8 construction markets we are dealing with: Bulgaria, Croatia, Romania, Russia, Serbia, Slovenia, Turkey and Ukraine.

EBI Construction Activity Report

EBI Construction Activity Report is the collaboration of three research companies where ibuild.info contributes with project research and its project database, while ELTINGA and BUILDECON contributes with developing the indices and aggregating the algoritms. Article

Q2 2016 Permit and Completion results of EECFA countries

In Q2 2016 the number of permits issued in the latest 4 quarters for residential homes increased in the Balkan EECFA countries together, compared to the same period last year. Turkey registered growth in this term, while Ukraine?s Q1 2016 figures are up. More information

The Do-It-Yourself guide to success in Central Eastern Europe

In this post, we first define success in CEE. Second, using the Global Competitiveness Report, we analyze what aspects could help a country achieving that success. And third, we present you the ultimate D-I-Y Success Guide to CEE.

New manufacturing coming: Europe or China will be the new China?

The way we manufacture products is about to change dramatically in the next decade.
Full article

EECFA countries in the European Commission (EC) 2016 Spring Macro forecast

The Spring Forecast of the European Commission has been released, and it covers EECFA member countries: Russia, Turkey, Romania, Serbia, Slovenia, Croatia, and Bulgaria, it only lacks Ukraine from the EECFA?s coverage. Read more

Q4 2015 Non-residential: permit and completion

As almost all Q4 figures were published, we have updated our interactive graphs containing quarterly development of permit and completion in the countries we cover. Details

What has the EU ever done for us? Roads! Infrastructure!

Transport investment = EU money. At least in the CEE region. Declining EU funds and moderate economic growth point towards lower levels of transport investment in the coming years, especially in the CEE region. Read the full post

The coming wave of energy efficiency investments

This article deals with a new wave of energy efficiency investments in housing.

80th EUROCONSTRUCT Conference hosted by Buildecon

Buildecon hosted the 80th EUROCONSTRUCT Construction Forecasting Conference which included a lot of new features and covered altogether 27 countries including EECFA region.
Conference website

The oil price decline and the construction market: riding the Saudi bull

After assessing the impact of immigration on the European Union, this post concentrates on another current issue: the oil price decline and its consequences on the construction sector. Read more

Increasing immigration

Our current post is the next in line dealing with migration that has an impact on construction. Such issues will be discussed at the 80th EUROCONSTRUCT Conference.

Europe at crossroads: Economic decline and the possibilities of increased immigration

There is a series of current issues having an impact on construction that will be discussed at the 80th EUROCONSTRUCT Conference and first, we would like to address a very current issue in Europe: migration. There are many aspects of this phenomenon and it would be hard to present them all. Instead, we will address only one: how immigration can help slowing the ageing of the population in the EU and thus increase growth prospects. Full article

Buildecon >> EECFA

Twelve years after Buildecon was founded with the purpose of carrying out comparable research in 8 Eastern European construction markets, and after two years of nesting, there is a major change in our life. A new association was formed last November in order to serve your market intelligence and planning needs better. In it, local research institutions work under the umbrella of a central body. This is the Eastern European Construction Forecasting Association. The first materialization of this transition is a conference organized by EECFA in Moscow this September, and all Forecast Reports will be released there. Please check out the programme on www.eecfa.com. This transition does not affect our membership in Euroconstruct, thus, we will continue to provide the Hungary Report to Euroconstruct in the future as well.