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Ministry of Finance, Statistical Service

Latest Figures: Building Permits, Oct 2009

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during October 2009 stood at 716. The total value of these permits reached €225,3 million and the total area 203,3 thousand square metres. These building permits provide for the construction of 1.020 dwelling units.

During the period January –October 2009, 7.388 building permits were issued, registering an increase of 1,3% compared to the corresponding period of the previous year. The total value of these permits increased by 1,1% and the total area decreased by 12,4%. Τhe number of dwelling units recorded a decrease of 14,3%.

Building permits constitute a leading indicator of future activity in the construction sector.

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