Latest Figures: Building Permits, Oct 2010
The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during October 2010 stood at 676. The total value of these permits reached €216,7 million and the total area 236,5 thousand square metres. These building permits provide for the construction of 1.257 dwelling units.
During the period January –October 2010, 7.311 building permits were issued, registering a decrease of 1,0% compared to the corresponding period of the previous year. The total value of these permits decreased by 6,6% and the total area decreased by 4,8%. Τhe number of dwelling units recorded a decrease of 9,8%.
Building permits constitute a leading indicator of future activity in the construction sector.
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