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25th April 2024
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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.
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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.
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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.
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Construction sector worst non-payers

Half the businesses in Cyprus are failing to repay their loans, with the construction sector being the worst offender as non-performing loans reached 72 percent in June according to the Central Bank.
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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.
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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.
News

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.
News

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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