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Decline in building licenses in Palestine in the first quarter of 2021

RAMALLAH, Sunday, June 13, 2021 (WAFA) – The total number of building licenses in Palestine issued in the first quarter of 2021 decreased by 18 percent compared with the fourth quarter of 2020, today said the Palestinian Central Bureau of Statistics (PCBS).

PCBS said the number of new building licenses decreased by 29 percent compared with the fourth quarter of 2020, and by 17 percent compared with the first quarter of 2020.

The area of licensed buildings (residential and non-residential) totalled 961 thousand m2, of which new buildings made up 693 thousand m2 and existing buildings comprised 268 thousand m2.

During the same period, the total number of licensed dwellings reached 4,287, with a total area of 698 thousand m2, of which 2,937 were new dwellings with a total area of 485 thousand m2.

The number of new dwellings in the first quarter of 2021 decreased by 32 percent compared with the fourth quarter of 2020 and decreased by 15% compared with the first quarter of 2020.

M.N

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