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Serious decline in construction sector continues

The decline in the island's construction sector continued in September with the number of building permits authorised during the month falling by 30 percent compared to the same period last year.
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Downward trend in building permits continues

The contraction in the Cyprus construction activity continued in August with the very difficult economic conditions discouraging new investment as reflected in the latest building permit statistics from CySTAT.
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Building permits fall 15 per cent in July

Construction activity continued to decline in July with the number of building permits authorized by the municipal authorities and district administration offices falling compared with the same period last year.
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New home construction plummets

Today's figures from the Cyprus Statistical Service reveal that the number of building permits authorised in June for the construction of new homes fell sharply compared with the number authorised in June 2012.
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Title Deed issuance progress and mortgages

The Department of Lands and Surveys has published the first in a series of statistics relating to one of the provisions agreed between Cyprus and the troika in the Memorandum of Understanding (MoU).
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Construction crisis deepens

The crisis in the island's construction industry is worsening according to the figures published earlier today by the Cyprus Statistical Service, which show a continuing decline in building permits.
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New home construction slips in April

The number of new homes for which building permits were issued in April fell by 20 per cent compared with the corresponding month last year according to the Cyprus Statistical Service.
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New home construction down 40 per cent

Figures released by the Cyprus Statistical Service earlier today show a dramatic drop in the number of building permits authorised for the construction of new homes in March with their number falling 40 per cent compared with last year.
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February building permits dip 24 per cent

Although February saw a 24 per cent dip in the number of building permits authorised compared with February 2012, the number issued for the construction of new homes increased by one fifth.
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Construction in Cyprus continues decline

Figures released by the Cyprus Statistical Service (CySTAT) earlier today show that investments in the island's construction sector are continuing to decline as the economic downturn continues
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One third fewer homes in 2012

The slowdown in the islands construction sector continued in December, according to figures released by the Cyprus Statistical Service, with new home construction falling a third in 2012.
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Building permits slump

Uncertainty in the Cyprus construction industry continues with the awaited signing of the island's bailout agreement with international lenders and an indefinite strike by construction workers.
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Construction sector remains quiet

Although the number of licenced projects increased by almost a third in October compared with October 2011 and their value increased marginally, the awaited recovery appears a long way off.
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Construction sector investment retreats

The reduction of investment in the island's construction sector continued in September increasing the uncertainty about its outlook as there are no prospects of a recovery in the foreseeable future.
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Cyprus construction activity may be improving

Although the number of building permits issued in Cyprus fell slightly compared to August last year, both their value and the number of residential properties for which permits were issued increased.
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Construction decline second highest in EU

Construction activity in Cyprus saw the second highest decline in the European Union during the second quarter of 2012 after Greece according to figures published earlier today by Eurostat.
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Slump in construction activity continues

The Cyprus construction industry's slump continued in July with building permit numbers rising slightly compared to July last year, according to the latest figures from the Cyprus Statistical Service.
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Construction sector continues to deteriorate

The island's construction industry is suffering from the impact of the economic crisis and lack of liquidity as the number of building permits continue to fall with no signs of a recovery on the horizon.
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Continued decline in building permits

Cyprus construction activity continued to decline in May as building permit numbers fell once again compared with the same period last year, according to the latest figures from the Cyprus Statistical Service.
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Construction production index plummets

Conditions in the island's construction industry have worsened dramatically in recent times, with production in the first quarter of the year shrinking at the highest rate since records began.
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