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PL Residential Construction 2025: Completions Up 4.3%, Permits and Starts Down.
The January-December 2025 residential construction data show completed dwellings rose 4.3% year on year, while permitted/registered dwellings fell 8.8% and dwellings where construction began fell 9.2%.
Why It Matters
For construction professionals in PL, the mixed trend signals stronger handover activity but a shrinking pipeline that may reduce future workloads.
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