Business

Statistics: A sharp decline in building permits by 34% during the second quarter of 2024


Ramallah – Ma’an – The Central Bureau of Statistics said that a sharp decline was recorded in building permits issued in Palestine by 34% during the second quarter of 2024, compared to the corresponding quarter of 2023, as a result of the ongoing Israeli occupation aggression against our people.

The statistics explained in a statement issued today, Tuesday, that the number of licenses issued in Palestine during the second quarter of 2024 decreased by 2% compared to the first quarter of 2024, as no building licenses were issued in the Gaza Strip during the same period.

The number of licenses issued in Palestine also recorded a decrease of 34% compared to the corresponding quarter of 2023, as the number of new building licenses decreased by 1% compared to the first quarter of 2024, and decreased by 39% compared to the corresponding quarter of 2023.

The number of building permits issued for residential and non-residential buildings reached 1,591 permits during the second quarter of 2024, including 895 permits
for new buildings. The total area of ??buildings (residential and non-residential) reached 790 thousand square meters, including 620 thousand square meters for new buildings and 170 thousand square meters for existing buildings.

The number of licensed residential units reached 3,370 residential units with an area of ??569 thousand square meters, including 2,569 new residential units with an area of ??440 thousand square meters, and 801 existing residential units with a total area of ??129 thousand square meters.

The number of new housing units decreased by 6% during the second quarter of 2024 compared to the first quarter of 2024, and by 37% compared to the corresponding quarter of 2023.

Source: Maan News Agency