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Ministry of Finance, Statistical Service

Latest Figures: Building Permits, Dec 2009

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during December 2009 stood at 791. The total value of these permits reached €228,9 million and the total area 263,6 thousand square metres. These building permits provide for the construction of 1.624 dwelling units.

During the period January – December 2009, 8.950 building permits were issued, registering an increase of 0,6% compared to the corresponding period of the previous year. The total value of these permits decreased by 3,1% and the total area by 15,0%. Τhe number of dwelling units recorded a decrease of 16,9%.

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

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