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Bogotá.- The National Administrative Department of Statistics (Dane) revealed this Friday that, in January 2024, 1,536,378 m² were licensed for construction, 654,345 m² less than in the same month of the previous year (2,190,723 m²), which meant a decrease of 29.9% in the licensed area.
This result is explained by a 30.9% reduction in the area approved for housing and a 26.4% reduction in the area approved for non-housing uses.
In the period under analysis, 1,166,061 m² were approved for housing, which meant a decrease of 521,647 m² compared to the same month in 2023. On the other hand, 370,317 m² were approved for non-housing construction, which represented a reduction of 132,698 m² compared to January of the previous year.
In the period February 2023 – January 2024, 24,861,578 m² were licensed for construction, while in the period February 2022 – January 2023 there were 33,162,590 m², representing a decrease of 25.0%. This result is explained by a 31.3% decrease in the area approved for housing, while there was a 5.9% increase for non-housing uses.
The area approved in January 2024 (1,536,378 m²) was 2,552,509 m² less than the area approved in December of the previous year (4,088,887 m²), which meant a decrease of 62.4% in the period under analysis, explained by the decrease of 62.5% for housing and 62.2% for non-housing destinations.
