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Decline in building licenses in Palestine in Q4 2024 compared to Q4 2023

Decline in building licenses in Palestine in Q4 2024 compared to Q4 2023

RAMALLAH, March 10, 2025 (WAFA) - The total number of building licenses issued in the fourth quarter of 2024 decreased by 6% compared with the fourth quarter of 2023, while it decreased by 1% compared with the third quarter of 2024, according to the Palestinian Central Bureau of Statistics (PCBS).

At the same time, the number of new building licenses decreased by 1% compared with the third quarter of 2024, while it decreased by 7% compared with the fourth quarter of 2023, added PCBS.

A total of 1,905 building licenses were issued in the fourth quarter of 2024, of which 1,036 are new buildings, it said in a statement published on Monday.

The area of licensed buildings (residential and non-residential) totaled 972 thousand m2, of which new buildings made up 761 thousand m2 and existing buildings comprised 211 thousand m2, said the Palestinian Central Bureau of Statistics.

The total number of licensed dwellings was 3,950 with a total area of 666 thousand m2, of which 3,025 were new dwellings with a total area of 506 thousand m2 and 925 were existing dwellings with a total area of 160 thousand m2, it added.

PCBS said the number of new dwellings in the fourth quarter of 2024 increased by 5% compared with the third quarter of 2024, while it decreased by 5% compared with the fourth quarter of 2023.

“In Gaza Strip, there are no licenses issued for this quarter due to the Israeli aggression against it,” the statement concluded.

T.R.

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