Building activity plunges 41% in March 2025
Building activity plunges 41% in March 2025
  Economy  |  Greece  |  Data

Building activity plunges 41% in March 2025

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RE+D magazine
27.06.2025

The Total Building Activity (private-public) in Greece, in March 2025 which is calculated on the basis of the number ofissued building permits, amounted to 2,206. This figure corresponds to 404,236 m2 of surface and 1,861,803 m3ofvolume, reflecting, respectively, a 41.3% decrease in the number of building permits, a 53.7% decrease in surface and a43.3% decrease in volume, compared with the corresponding month of 2024.

According to ELSTAT, the building permits for the Private Building Activity issued in Greece in March 2025 amounted to 2,194. This figurecorresponds to 397,348 m2 of surface and 1,825,995 m3 of volume. In comparison with the same month of 2024 thereis a 41.1% decrease in the number of building permits, a 54.1% decrease in surface and a 43.8% decrease in volume.

The building permits for the Public Building Activity issued in Greece in March 2025 amounted to 12. This figurecorresponds to 6,888 m2 of surface and 35,808 m3 of volume. Public Building Activity accounted for a 1.9% of the totalbuilding volume in March 2025.

In the last twelve months, from April 2024 until March 2025, Total Building Activity (private-public) in Greece,calculated on the basis of the number of issued building permits, amounted to 28,479. This figure corresponds to6,437,904 m2 of surface and 29,390,732 m3 of volume. In comparison with the corresponding period from April 2023until March 2024, there is a 3.5% decrease in the number of building permits, a 5.1% decrease in surface and a 4.4%decrease in volume.

In the same period, from April 2024 untill March 2025, Private Building Activity in Greece recorded a 3.6% decrease inthe number of issued building permits, a 5.8% decrease in surface and a 5.8% decrease in volume, compared with thecorresponding period from April 2023 to March 2024 (Table 4). During the same period, Public Building Activityaccounted for a 3.6% of the total building volume.

During the period January - March 2025, Total Building Activity (private-public) in Greece recorded a 29.1% decrease inthe number of issued building permits, a 43.2% decrease in surface and a 33.0% decrease in volume, compared withthe corresponding period of 2024. During the same period, January - March 2025, Private Building Activity inGreece recorded a 29.2% decrease in the number of issued building permits, a 43.5% decrease in surface and a 33.3%decrease in volume, in comparison with the period January - March 2024.