CSO- Dwelling units approved down 16.6% in one year
by Bregs Blog admin team
Recent figures released by the Central Statics Office (CSO) on 25th September for residential planning applications note planning permissions for dwellings are down 16.6% on 2013 levels, an historic low point in housing activity. These recent figures are very worrying and point to a fall in residential output, contrary to recent media commentary. When viewed with depressed commencement levels and increased costs associated with BC(A)R SI.9, and lower residential output levels previously issued by the CSO for the same period, these figures must be alarming for policymakers.
For link to CSO site click here.
Residential construction down in 2014 Q1+ Q2: (CSO statistics)
CSO statistical release, 25 September 2014, 11am
Planning Permissions Quarter 2 2014
Dwelling units approved down 16.6% in year
In the second quarter of 2014, planning permissions were granted for 1,606 dwelling units, compared with 1,926 units for the same period in 2013, a decrease of 16.6%.
The second quarter figures also show that:
- Planning permissions were granted for 1,492 houses in the second quarter of 2014 and 1,496 in the second quarter of 2013, a decrease of 0.3%. See Table 4.
- Planning permissions were granted for 114 apartment units, compared with 430 units for the same period in 2013, a decrease of 73.5%. See Table 4.
- One-off houses accounted for 46.8% of all new dwelling units granted planning permission this quarter. See Table 4.
- The total number of planning permissions granted for all developments was 4,149. This compares with 3,368 in the second quarter of 2013, an increase of 23.2%. See Table 1.
- Total floor area planned was 712 thousand square meters in the second quarter of 2014. Of this, 41.6% was for new dwellings, 34.0% for other new construction and 24.4% for extensions. The total floor area planned decreased by 14.6% in comparison with the same quarter in 2013. See Table 1.
- Planning permissions for new buildings for Agriculture decreased to 137 this quarter. This compares to 153 permissions in the same quarter of 2013. See Table 3(a).
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