Construction of new dwellings (including repairs and extensions) reached 88,477 units in 1985 and rose to 120,240 in 1990. In 1996, the total number of housing units was 3,601,000. Most new construction is in Athens or Thessaloniki, indicating the emphasis on urban development. Considerable amounts of private investment have been spent on the construction of apartment houses in urban areas. In 2001, about 50% of all housing units were apartments. In 2000, about 97,000 new dwellings were completed.