Cyprus - Residential Building Permits





Cyprus: Residential Building Permits

Mnemonic HPMTR.ICYP
Unit #, NSA
Adjustments Not Seasonally Adjusted
Monthly 17.51 %
Data Jul 2021 490
Jun 2021 594

Series Information

Source Statistical Service of the Republic of Cyprus (CYSTAT)
Release Building permits by type of project
Frequency Monthly
Start Date 1/31/2003
End Date 7/31/2021

Cyprus: Real Estate

Reference Last Previous Units Frequency
Building Permits Jul 2021 727 833 #, NSA Monthly
Non-residential Building Permits Jul 2021 117 134 #, NSA Monthly
Residential Building Permits Jul 2021 490 594 #, NSA Monthly
House Price Index 2021 Q1 79.33 78.93 Index 2010Q1=100, NSA Quarterly
House Price Index for Existing Homes 2020 Q4 101.8 101.52 Index 2015=100, NSA Quarterly
House Price Index for New Homes 2020 Q4 111.56 105.55 Index 2015=100, NSA Quarterly
Dwelling Stocks 2019 460 455 Ths. # Annual

Release Information

For Cyprus, the monthly national total of building permits by 23 types of residential and non-residential real estate. For each type, metrics include value, area, count of permits and count of dwelling units.

Active:

  • Classification: CC 1996
  • Measurements:
    • Unitary count of permits or dwelling units (#)
    • Euros (EUR)
    • Square meters (m²)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: As early as 2000m1
  • Lag: 6 to 8 weeks
  • Geo coverage: (No breakdown carried by Data Buffet)

Predecessor:

  • In CYP - 2003 to 2007

"Big" projects are those with areas greater than 900 square meters.

Project type is classified by the numeric coding "CC 1996," sections 11 (111, 112, 113), 12 (121-127), 2, 3 and 4.

Moody's Analytics supplements

For the count of buildings, for select concepts (single houses and apartments-proxy) we compute seasonally adjusted (SAAR) supplements using X-13ARIMA-SEATS.

For reported data, none. For the Moody's Analytics SA supplements, we recalculate seasonal factors annually.

Further reading

At the source:

  • There is no methodology for building permits.
  • Full methodologies for CYSTAT's other construction datasets are provided online, and the surveys used.