Latest Figures: Building Permits, Aug 2010
The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during August 2010 stood at 536. The total value of these permits reached €129,0 million and the total area 145,7 thousand square metres. These building permits provide for the construction of 797 dwelling units.
During the period January –August 2010, 5.918 building permits were issued, registering an increase of 0,4% compared to the corresponding period of the previous year. The total value of these permits decreased by 6,8% and the total area decreased by 4,3%. Τhe number of dwelling units recorded a decrease of 8,2%.
Building permits constitute a leading indicator of future activity in the construction sector.
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