The latest edition of the National Housing Construction Index compiled and issued by Link2Plans (www.link2plans.com) illustrates the continued decline in planning applications and housing construction activity across Tipperary.
The National Housing Construction Index measures every submitted Planning Application and Planning Commencement. The Index gives a direct comparison with the exact same period in 2012.
One key finding in the research by Link2Plans is that planning applications in County Tipperary have decreased by 26% from the same period in 2012. Therefore Tipperary ranks as having one of the highest percentage drops in planning applications made this period compared to this time last year. Furthermore, Tipperary planning commencements have dropped by 37% compared to national average of 14%. According to Managing Director of Link2Plans, Danny O’Shea, “this volume of the National Construction Index shows that there has been a slow down in the rate of decline in planning applications and commencements. This is a trend that we saw in previous volumes of our Index”. While the adverse weather conditions during the period of January to February 2013 may explain why there was a fall in commencements, this does not explain the huge reduction in planning applications made during this period. However on a national level there are positive signs of recovery. While the last index reported a growing number of planning applications in one county only (Donegal), the latest figures show a marked increase in eleven countries with Roscommon (65%), Leitrim (67%) and Monaghan (75%) showing the biggest rise.
“If these trends continue into 2013, we could expect to see numbers potentially rising in the first half of this year which is potentially very positive news for the sector as a whole.” Nationally planning applications are down by 3% and commencement notices have fallen by 14%.