Latest Figures: Building Permits, May 2010
The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during May 2010 stood at 761. The total value of these permits reached €229,2 million and the total area 270,5 thousand square metres. These building permits provide for the construction of 1.337 dwelling units.
During the period January –May 2010, 3.827 building permits were issued, registering an increase of 3,5% compared to the corresponding period of the previous year. The total value of these permits increased by 8,5% and the total area increased by 7,6%. Τhe number of dwelling units recorded an increase of 3,7%.
Building permits constitute a leading indicator of future activity in the construction sector.
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