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[PIO] Building permits: November 2022 - Decrease in Area (-5.1%) and Increase in Value (1.2%)

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[H]The Statistical Office announces that the number of building permits issued by municipal authorities and provincial administrations in November 2022 amounted to 639. The total value of these permits reached €224.7 million and the total area reached 199.4 thousand square meters. With these permits, 820 residential units are planned to be built.[/H]

In the period January - November 2022, 6,986 building permits were issued compared to 7,386 in the same period of the previous year, a decrease of 5.4%.[/H]

In the period January - November 2022, 6,986 building permits were issued compared to 7,386 in the same period of the previous year, a decrease of 5.4%. The total value of these permits increased by 1.2% and the total area decreased by 5.1%. The number of residential units showed a decrease of 5.1%.

Building permits are an important indicator of future activity in the construction sector.

For the relevant tables click here.

METHODOLOGICAL INFORMATION

Purpose and coverage

The purpose is to collect basic data concerning residential and non-residential buildings and other construction activities such as civil engineering works, 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, suppository Construction

CYSTAT-DB (Database)

Predefined Tables (Excel)

Contact

Achilleas Moustakas: Tel. Postal: amoustakas@cystat.mof.gov.cy

(MX/EXP)
Contents of this article including associated images are owned by PIO
Views & opinions expressed are those of the author and/or PIO

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