Construction of new homes and apartments in urban areas increased 19% on the year to 5,011 units in the January-March period, while housing construction in rural areas was up just 4% to 4,221 units.

Of the total new homes and apartments built in the first quarter, 8,955 units were privately funded, while 277 units were financed from public funds, the data showed.

In the first quarter of 2014, the number of constructed housing units was 8,270.