In the period from January to May 2024, 3,254 building permits were issued, compared to 2,998 during the same period last year, according to data published by the Statistical Service on Wednesday.

Specifically, there was an 8.5% increase in the number of building permits issued compared to the same period in 2023.

The total value of these permits increased by 8.4%, and the total area grew by 13.4%.

The number of residential units showed a 17.1% increase.

Regarding May, the Statistical Service reported that the number of building permits issued by municipal and district authorities reached 709.

The total value of these permits amounted to €271.6 million, and the total area was 213.8 thousand square meters. These permits are expected to facilitate the construction of 990 residential units.

Building permits are a significant indicator of future activity in the construction sector.