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Ministry of Finance, Statistical Service

Latest Figures: Building Permits, Feb 2010

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during February 2010 stood at 813. The total value of these permits reached €284,0 million and the total area 335,8 thousand square metres. These building permits provide for the construction of 1691 dwelling units.

During the period January –February 2010, 1.432 building permits were issued, registering an increase of 1,3% compared to the corresponding period of the previous year. The total value of these permits increased by 1,0% and the total area by 2,1%. Τhe number of dwelling units recorded a decrease of 6,0%.

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

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