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Construction sector collapse

The construction sector in Cyprus recorded the biggest drop in production year-on-year in the European Union member states according to a report published by Eurostat this morning.

New home construction increases

The number of new homes being built in Cyprus improved in January, the Cyprus Statistical Service reported yesterday, with the number of permits authorised for new homes increasing compared to January 2014.

Construction and housing statistics (2013)

The Statistical Service of Cyprus (CYSTAT) has published the annual report "Construction and Housing Statistics, 2013", which contains detailed data on the performance of the industry during 2013.

Construction at record low

Construction activity in Cyprus during 2014 hit a record low with the number of building permits issued, their value and their total area all falling compared to 2013 according to the Cyprus Statistical Service.

New home construction down 35 per cent

Figures from the Cyprus Statistical Service (CYSTAT) reveal that building permits authorised for the construction of new homes fell 35 per cent last November compared with the same period the previous year.

Cyprus real estate insight (apartments)

During the first three quarters of 2014 more than 3,200 residential property transactions took place across Cyprus according to figures released by Cyprus Economic Intelligence (CEI).

Building permits down 2 per cent

The latest figures from the Cyprus Statistical Service report that the number of building permits issued in October 2014 stood at 446; a 2 per cent fall on the number issued in October 2013.

Construction slowdown continues

The slowdown in the island's construction sector persists with the number of building permits issued in Cyprus continuing to fall in September, according to official statistics.

Construction sector in the doldrums

With the number of building permits issued in Cyprus continuing to fall in August, the island's construction sector remains firmly in the doldrums with no signs of a recovery in the foreseeable future.

Cyprus building permits down 14 per cent

The number of building permits issued in Cyprus during July fell 14 per cent compared with the corresponding month of last year, while the number of new homes being built fell 39 per cent.

Building permits up 11% in June

The number of building permits issued in in June increased 11 per cent compared with the corresponding month of last year, but their numbers have fallen 5 per cent during the first half of 2014.

New home construction slows

The number of new homes being built in Cyprus continued to decline in May with building permits issued allowing for the construction of 223 dwellings compared with 308 during May 2013.

Building permits down 24% in April

The number of building permits issued in fell 24 per cent compared with the corresponding month of last year and their numbers have declined 14 per cent during the first four months of 2014.

Building permits down 10% in the first quarter

The number of building permits issued in March increased compared with the corresponding month of last year, but their numbers have declined 10.3% during the first quarter of 2014.

Fourth year in recession

The recession in the Cyprus construction sector continued for the fourth consecutive year in 2012 recording a provisional decrease of 19.5 per cent compared to the previous year according to the Cyprus Statistical Service.

Decline in building permits continues

The number of building permits issued in February continued to fall compared with the corresponding month of last year according to the latest figures released by the Cyprus Statistical Service.

Cyprus home construction nose-dives

Cyprus home construction plummeted in January, the Cyprus Statistical Service reported yesterday, with the number of permits authorised for new homes down 60 per cent compared with January last year.

Dramatic drop in building permits

The dramatic decline in the Cyprus construction sector continued in December with the number of building permits authorised during the month falling once again compared to the same period in the previous year.

Building permits slump 39 per cent

The decline in the island’s construction sector continued in October according to the latest figures released by the Cyprus Statistical Service with the number of building permits authorised during the month falling 39 percent.

Title Deeds, transfers, mortgages and permits report

The Department of Lands and Surveys has published its second set of statistics relating to one of the provisions agreed between Cyprus and the troika in the Memorandum of Understanding (MoU).

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