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Increase in both Area (6.5%) and Value (6.9%)
The Statistical Office announces that the number of building permits issued by municipal authorities and provincial administrations in March 2023 amounted to 673. The total value of these permits reached €242.8 million and the total area was 207.9 thousand square meters. These permits are expected to be used to build 876 residential units.
In the period January - March 2023, 1,816 building permits were issued, compared to 1,951 in the same period of the previous year, a decrease of 6.9%. The total value of these permits increased by 6.9% and the total floor area by 6.5%. The number of housing units decreased by 3.2%.
Building permits are an important indicator of future activity in the construction sector.
|
Table 1 |
[/TD]
[TR] [TD]
Project category
[/TD] [TD]Number Permits
[/TD] [/TD] [TD]
Percentage Change (%)
[/TD] [/TR] [TR] [TD]March 2023
[/TD] [TD]Jan-Mar
2023
[/TD] [TD]Jan-Mar 2022
[/TD] [TD]Jan-Mar 2023/
Jan-Mar 2022
[/TD] [/TD] [/TR] [TR] [TD]Residential Buildings
[/TD] [TD]464
[/TD] [TD]1.255
[/TD] [TD]1.335
[/TD] [TD]-6.0
[/TD] [/TR] [TR] [TD]Non-Residential Buildings
[/TD] [TD]93
[/TD] [TD]280
[/TD] [TD]300
[/TD] [TD]-6,7
[/TD] [/TR] [TR] [TD]Civil Engineering Projects
[/TD] [TD]35
[/TD] [TD]95
[/TD] [TD]123
[/TD] [TD]-22,8
[/TD] [/TR] [TR] [TD]Division of Building Plots
[/TD] [TD]61
[/TD] [TD]132
[/TD] [TD]144
[/TD] [TD]-8,3
[/TD] [/TR] [TR] [TD]Road Construction
[/TD] [TD]20
[/TD] [TD]54
[/TD] [TD]49
[/TD] [TD]10,2
[/TD] [/TR] [TR] [TD]Total
[/TD] [TD]673
[/TD] [TD]1.816
[/TD] [/TD] [TD]1.951
[/TD] [/TD] [TD]-6,9
[/TD] [/TR]
| Table 2 | ||
| Project Category | [TD] Area (m²) | Percentage Change (%) |
| Mar 2023 | Jan-Mar 2023 | Jan-Mar 2022 |
Jan-Mar 2023/
Jan-Mar 2022
[/TD] [/TD] [TR] [TD]Residential Buildings
[/TD] [TD]162.508
[/TD] [TD]449,065
[/TD] [TD]453.039
[/TD] [TD]-0.9
[/TD] [/TR] [TR] [TD]Non-Residential Buildings
[/TD] [TD]45.017
[/TD] [TD]107.958
[/TD] [TD]69.106
[/TD] [TD]56.2
[/TD] [/TR] [TR] [TD]Civil Engineering Projects
[/TD] [TD]322
[/TD] [TD]1,486
[/TD] [TD]2.257
[/TD] [TD]-34.2
[/TD] [/TD] [/TR] [TR] [TD]Total
[/TD] [TD]207,847
[/TD] [TD]558,509
[/TD] [TD]524.402
[/TD] [/TD] [TD]6,5
[/TD] [/TR]| Table 3 | ||
| Project Category | [TD] Value (€000's) | Percentage Change (%) |
| March 2023 | Jan-Mar 2023 | Jan-Mar 2022 |
Jan-Mar 2023/
Jan-Mar 2022
[/TD] [/TD] [TR] [TD]Residential Buildings
[/TD] [TD]190.740
[/TD] [TD]507,740
[/TD] [TD]476,391
[/TD] [TD]6.6
[/TD] [/TR] [TR] [TD]Non-Residential Buildings
[/TD] [TD]39.778
[/TD] [TD]101,880
[/TD] [TD]79,167
[/TD] [TD]28.7
[/TD] [/TR] [TR] [TD]Civil Engineering Projects
[/TD] [TD]1.750
[/TD] [TD]16.004
[/TD] [TD]28.031
[/TD] [TD]-42,9
[/TD] [/TR] [TR] [TD]Land Division
[/TD] [TD]7.660
[/TD] [TD]14.126
[/TD] [TD]17.247
[/TD] [TD]-18.1
[/TD] [/TD] [/TR] [TR] [TD]Road Construction
[/TD] [TD]2.901
[/TD] [TD]5.132
[/TD] [TD]2.527
[/TD] [TD]103.1
[/TD] [/TD] [/TR] [TR] [TD]Total
[/TD] [TD]242,829
[/TD] [TD]644,882
[/TD] [TD]603.363
[/TD] [/TD] [TD]6,9
[/TD] [/TR]| Table 4 |
[TR] [TD]
Residential Buildings
[/TD] [TD]Number Residential Units
[/TD] [/TD] [TD]Percentage Change (%)
[/TD] [/TR] [TR] [TD]March 2023
[/TD] [TD]Jan-Mar
2023
[/TD] [TD]Jan-Mar 2022
[/TD] [TD]Jan-Mar 2023/
Jan-Mar 2022
[/TD] [/TD] [/TR] [TR] [TD]Single-family houses
[/TD] [TD]320
[/TD] [TD]758
[/TD] [TD]843
[/TD] [TD]-10,1
[/TD] [/TR] [TR] [TD]Duplexes
[/TD] [TD]109
[/TD] [TD]228
[/TD] [TD]246
[/TD] [TD]-7,3
[/TD] [/TR] [TR] [TD]Residential apartment buildings
[/TD] [TD]444
[/TD] [TD]1.378
[/TD] [TD]1.300
[/TD] [TD]6.0
[/TD] [/TR] [TR] [TD]Mixed multifamily
[/TD] [TD]3
[/TD] [TD]58
[/TD] [TD]114
[/TD] [TD]-49,1
[/TD] [/TR] [TR] [TD]Total
[/TD] [TD]876
[/TD] [TD]2.422
[/TD] [/TD] [TD]2.503
[/TD] [TD]
-3.2
[/TD] [/TR]
Methodological Information
Purpose and Coverage
The purpose is to collect basic data concerning residential and non-residential buildings as well as other construction activities such as civil engineering projects, land division and road construction, by province (urban and rural areas). For each category of project, information is compiled on the number of permits issued, the area and value of the project and the number of housing units planned to be built.
All building permits issued by local government authorities, i.e. town halls, provincial administrations of the Ministry of Interior and the Community Council of Agios Tychonas are covered.
Data collection
The Statistical Service receives on a monthly basis from all local government authorities copies of all building permit forms issued by them. The information contained in the forms is appropriately coded by the Statistics Office to produce the statistics. The EU Classification of Construction (CC) is used to categorise the different building projects.
For more information:
Statistical Office Portal, under Construction
CYSTAT-DB (Database)
Predefined Tables (Excel)
The Predefined Tables in Excel format include data up to December 2022. For January 2023 and onwards, the update is done only in the CYSTAT-DB Database.
Contact:
Achilleas Moustakas: Tel. Postal: amoustakas@cystat.mof.gov.cy
(NΓ/ΣΧ)
Contents of this article including associated images are belongs PIO
Views & opinions expressed are those of the author and/or PIO
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