The latest edition of the National Housing Construction Index compiled and issued by Link2Plans (www.link2plans.com) illustrates that Tipperary continues to report a percentage drop in planning commencements and planning applications this year.
The team of researchers at www.link2plans.com have examined every housing construction planning application and planning commencement from January to June 2013, in the production of the National Housing Construction Index. The Index gives a direct comparison with the exact same period in 2012.
Tipperary went from having a -29% drop in commencements last year, to a drop of -24% this year. Tipperary planning commencements fell from 102 in January to June 2012 to 78 in the same period in 2013. Furthermore, planning applications made in Tipperary also decreased by -17% from 228 in January to June 2012, to 190 in the same period in 2013. Other counties that performed badly in the planning commencements index are Westmeath, Limerick and Waterford recording a fall of commencements by -61%, -49% and -45% consecutively.
Compared to Tipperary, the outlook is positive for particular pockets around the country which are experiencing an increase in commencements and applications. Although planning applications were down by 10% nationally, four counties show significant increases in applications with Dublin witnessing a rise of 7%. Four counties also show an increase in commencements with Roscommon showing an increase by 41%, Wexford by 19%, Monaghan by 10% and Dublin by 9%. Despite this, commencements are still down by 14% compared to the previous year. According to the Managing Director of Link2Plans, Danny O’Shea, the index shows that there is an overall trend of falling planning applications and it is more pronounced than recent previous reports which is a major contributory factor leading to a fall in commencements. Therefore, although Tipperary’s decrease in applications and commencements is not as stark as it was last year, it is expected to continue to drop, based on the fact that the planning applications made in Tipperary are dropping.
O’Shea stated, “The Link2Plans team have seen significant changes in activity throughout the country which in part can be explained by the weather conditions in the first few months of 2013. There are however clear signs that the growth in residential construction activity is being felt in Dublin and other counties are still some way back. It will be interesting to see if the dry weather experienced throughout June and July will see the next edition of the index, register an increase in project commencements.”