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Cyprus construction sector decline continues

Latest figures from the Cyprus Statistical Service paint a very bleak picture of the construction sector which continues to decline as the Island's financial and banking crisis deepens.
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Cyprus new homes down fifty percent

Home construction in Cyprus is showing no signs of a recovery with the number of new residential properties authorised in March falling by more than half those authorised in March 2011.
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New home construction in February down a third

There are still no signs of a recovery in the Island's construction sector with the number of new residential properties authorised in February falling by a third compared with February 2011.
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Forty percent fall in residential buildings

The number of new houses authorised in January fell by forty percent compared with January 2011 and the number of new residential properties being built is unlikely to increase until the number of unsold apartments and houses is reduced.
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Construction sector in recession for second year

In its annual report on construction and housing, the Cyprus Statistical Service (CySTAT) says that the Island's construction sector continued to exhibit signs of recession for the second consecutive year during 2010.
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Cyprus construction output falls 17 percent

Construction output in Cyprus experienced one of the highest falls in the 27 EU member states during the third quarter of 2011 and prospects for improvements in the short-term are not favourable.
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Slowdown in the Cyprus construction sector continues

Figures released by the Cyprus Statistical Service (CySTAT) earlier today reveal that the slowdown in the Island's construction sector is continuing and is showing no signs of a recovery in the near future.
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Residential property construction plunges 41 percent

Investments in the Cyprus construction sector continued their downward spiral in November according to the Island's Statistical Service, which released the latest building permit figures earlier today.
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Investments in Cyprus construction continue to fall

October saw a sharp fall in the number of building permits issued in Cyprus according to figures published earlier today by the Island's Statistical Service which show a drop of 19 percent compared with October 2010.
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Ten thousand six hundred this year and counting

More than ten thousand six hundred properties have been transferred to new owners this year by District Land Offices across the Island, according to the latest figures from the Department of Lands and Surveys.
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Construction investment decline continues

Investment in the Island's construction sector is continuing to decline according to figures published earlier today by the Cyprus Statistical Service, which reveal a 13.3 percent fall in the number of building permits issued over the first nine months of this year compared with last.
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Nine hundred and forty six new property owners

District Land Offices throughout Cyprus have transferred nearly ten thousand properties to their new owners this year, according to figures released earlier today by the Department of Lands and Surveys.
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Residential property construction in meltdown

Cyprus Statistical Services figures published earlier today reveal that the number of residential properties for which building permits have been issued has dropped by more than 4,000 compared to last year.
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More than one thousand new home owners

Now that the crippling power cuts have ended and work has returned to normal, more than one thousand properties were transferred to their new owners in September.
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Construction investments continue downward trend

More bad news from the Cyprus Statistical Service emerged today as the number of building permits approved sank further in July as investments in the Island's real estate continued their downward trend.
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Around 28,000 Title Deeds issued since 2009

Interior Minister Neoclis Sylikiotis has said that around 28,000 Title Deeds have been issued since 2009 following the introduction of new mechanisms and greater coordination between the relevant services.
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Investments in construction at lowest level in years

Investments in the Cyprus construction sector remain at their lowest level in years, with no signs of a recovery on the horizon according to the latest figures from the Island's statistical service.
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Construction activity showing no signs of recovery

The latest figures from the Cyprus Statistical Service offer no encouraging signs of an upturn in the Island's property and construction sectors as the number of building permits issued continues to fall.
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Property title deed transfers fell in July

The number of properties in Cyprus transferred to their new owners fell during July, possibly as a result of the crippling power cuts that we all have to endure and the lack of office air-conditioning in the blistering summer heat.
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Property transfers continue to improve

Latest figures to come out of the Department of Land and Surveys show that the number of properties being transferred at District Lands Offices across Cyprus is continuing to improve.
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