A decrease in both area and value is noted in the new building permits issued in the first half of 2022, as shown by the data published by the Statistical Service on Tuesday.
During the period January – June 2022, 3.898 building permits were issued compared to 3.990 in the corresponding period of the previous year, marking a decrease of 2,3%. Specifically, building permits for residential units decreased by 6,2% in this period, while permits for road construction (34,8%) and civil engineering projects (24,9%) increased.
At the same time, the total value of these permits decreased by 9,1%, with the value of residential units falling by 11,6% and the value of road construction and civil engineering projects increasing by 25,6% and 35,1%. respectively.
The total area also decreased by 12,4%, compared to the corresponding period of 2021, as the area of residential buildings fell by 10,9% and non-residential by 21,4%.
The number of residential units showed a decrease of around 5%. Detached houses decreased by 9,6%, semi-detached houses by 6% and residential apartment buildings by 3%, while mixed apartment buildings increased by 7,2%.
The number of building permits issued by Municipal Authorities and District Administrations in June 2022 reached 626. The total value of these permits reached €220,1 million and the total area 202,1 thousand square meters. With these permits it is planned to erect 1.146 residential units.
Building permits are an important indication of future activity in the construction sector.