BOFIT Viikkokatsaus / BOFIT Weekly Review 2016/11
Fixed investment climbed 10 % y-o-y in January-February. Private sector investment grew 7 %, while investment of the government and state-owned enterprises rose 20 %. Investment in infrastructure and the energy branch rose sharply. Investment in housing recovered a bit, and was up 3 % y-o-y in the same period.
Apartment sales picked up considerably in January-February compared to the first two months of 2015. Measured in terms of liveable floorspace, apartment sales in January-February were up 28 % y-o-y. Measured by value, apartment sales rose 44 %. New apartment starts, measured by floorspace, were up 14 % y-o-y.