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Ministry of Finance, Statistical Service

Latest Figures: Building Permits, Jul 2010

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during July 2010 stood at 763. The total value of these permits reached €217,3 million and the total area 241,0 thousand square metres. These building permits provide for the construction of 1.028 dwelling units.

During the period January –July 2010, 5.382 building permits were issued, registering an increase of 1,2% compared to the corresponding period of the previous year. The total value of these permits decreased by 6,0% and the total area decreased by 3,1%. Τhe number of dwelling units recorded a decrease of 7,9%.

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

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