Tipperary sees continued increases in planning applications and project commencements

According to the National Housing Construction Index which is compiled and issued by Link2Plans, the residential construction sector in Tipperary performed strongly in the first four months of 2014. When compared to same period in 2013, project commencements and planning applications both rose by +185% and +18% respectively.

The data contained in the National Housing Construction Index is aggregated by consultancy Link2Plans from real time planning and project information in every local authority area.

Applications made in Tipperary increased from 129 in January to April 2013, to 152 for the same period in 2014, which represented an increase of +18%.Viewed on a nationwide basis planning applications rose by +19% in the first four months of 2014 when compared to the same period in 2013. The only downside to the overall positive news for the sector was that planning applications were down in 10 counties.

“The number of planning applications for the first four months of 2014 were also up compared to the same period in 2013, with a +19% increase nationally and only 10 counties showing a fall with Dublin recording the biggest increase in planning applications, up +61%.” said Danny O’Shea from Link2Plans.

Danny O’Shea continued “In addition to the +61% increase in planning applications for Dublin, there were also some large increases in planning applications for Waterford (+58%), Offaly (+47%), Galway (+41%), Wicklow (+39%) Kerry (+37) and Meath (+35%) with the largest falls in planning applications occurring in Leitrim (-52%), Clare (-27%), Laois (-21%), Sligo (-19%), Carlow (-19%) and Cork (-14%).”

 

Project commencements continue to rise

Every county saw an increase in project commencements with Tipperary recording an increase of +185%. Nationally, project commencements rose substantially in the first four months of 2014 with an increase of +132% compared to the same period in 2013, continuing the upward trajectory shown in the first two months of 2014.

 

According to Danny O’Shea Managing Director of Link2Plans, “The 132% increase in the number of commencement notices for March and April continued the positive trend shown in the first two months of 2014, but there has been a fall from the phenomenal increases of 192% seen in January and February of 2014. This decrease can be attributed to the rush at the beginning of the 2014 to get commencement notices lodged before the new building regulations came into force on 1st March, and we would expect this downward trend to continue into the second quarter of 2014 but overall we would still anticipate an increase year on year.”

 

The largest gains across the country for commencement notices took place in Westmeath (+538%), Monaghan (+265%), Sligo (+248%), Cork (+231%) and Mayo (+206%), with the lowest increases in commencement notices taking place in Roscommon (+41%), Wicklow (+56%), Kerry (+58), Cavan (+61%), Louth (+63%) and Dublin (+77%).

 

The National Housing Construction Index is produced by a team of researchers at Link2Plans and it relates to all Planning Applications and Planning Commencements throughout the months of January to April 2014 and gives a direct comparison with the same period in 2011, 2012 and 2013. Link2Plans have produced this index bi-monthly and it has been the most accurate barometer of real time sentiment (planning applications) and actual residential construction activity (housing commencements) including residential developments (multi units), one-off housing (self-build) and one-off housing extensions.

 

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