Louth planning applications on the rise according to the National Housing Construction Index
The latest edition of the National Housing Construction Index compiled and issued by Dundalk based Link2Plans (www.link2plans.com) illustrates a rise in planning applications but a marginal fall in housing construction activity across Louth. 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 positive finding in the research by Link2Plans is that the number of planning applications has risen in County Louth by 8% compared to the same period in 2012 with 43 project applications made. This is extremely positive news when compared to the previous index. 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.
Although the most recent edition of the National Housing Construction Index illustrates the continued decline in housing construction activity across the country, according to Managing Director of Link2Plans, Danny O’Shea, there are significant positive signals nationally from this report. According to 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.”
“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%.