Panama: More Construction Permits, Less SalesIn 2009, construction permits increased 11.34%, while home sales dropped 7%.Thursday, February 11, 2010
$406 million worth of residences were sold in 2008, falling to $377 in 2009. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama: Building Permits Rise 60%May 2014 In the first quarter of 2013 the value of building permits totaled $156 million, with homes leading the growth, followed by commercial buildings. $918 million in Approved Building PermitsSeptember 2012 In the first seven months of the year the value of approved construction projects amounted to $918 million, 45.3% more than in the same period last year. Home Prices On The Rise in PanamaApril 2010 As the price of construction materials increase, so does the price of homes, which has risen between 5% and 10% for residences worth more than $30.000. Applications to Build in Panama IncreaseApril 2009 The Department of Planning and Permits received 407 applications in January and February, 52 more than during the same period last year.
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