Home cyprustimes.com (Κύπρος) Building Permits Up 8.5% Annually In First Five Months Of This Year

Building Permits Up 8.5% Annually In First Five Months Of This Year

Building Permits Up 8.5% Annually In First Five Months Of This Year

The number of housing units recorded an increase of 17.1%


Building permits issued during the period January-May 2024 went up by 8.5%, according to data published on Wednesday by the Statistical Service.

According to the data, 3,254 building permits were issued compared to 2,998 in the corresponding period of the previous year.

The total value of these permits increased by 8.4% and the total area by 13.4%. The number of housing units recorded an increase of 17.1%.

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