According to statistics from the European Commission, the countries with the largest decline in construction are Bulgaria and Spain. The data also show that for Bulgaria this is the first contraction for a year.

In December 2017, statistics show the strongest annual decline in construction output in Bulgaria.

Experts believe that the demand for real estate in 2018 will outpace the supply.

European statistics in December 2017 showed the most significant decline in Slovakia (5.5%), Spain (4.4%) and Bulgaria (3%). This ranks Bulgaria in the top 3 countries with the largest decrease in construction.

Construction in the European Union increased by 0.6% in December compared to November when it increased by 0.5%per hundred. Statistics shows improvement in construction in the euro area by 0.1% after rising by 0.2% a month earlier.

Construction in December increased by 0.5% and by 1.5%. Production in the euro area construction sector in 2017 rose by 2.4% and 3.5%.

Data reported this as the weakest rise in construction output since January last year.