Property industry concerned by fall in apartment planning permissions

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Central-Statistics-Office News

Property-Industry-Ireland,Institute-Of-Professional-Auctioneers-And-Valuers-

Approvals for all dwelling units fell 28% in first quarter of 2024, CSO data shows, with apartment permissions down almost 37%

The number of units granted planning permission fell to 8,387 in the first quarter of 2024, down from 11,659 in the same quarter a year earlier. Photograph: iStock

The number of units approved fell to 8,387, down from 11,659 units in the first quarter of 2023. The number of houses granted planning permission fell by more than 20 per cent year-on-year to 4,899, while apartment approvals declined by 36.7 per cent to 3,488. Highlighting the crucial role of supporting infrastructure such as roads, wastewater and utilities, Dr Duffy said it was important that barriers to the delivery of new homes were addressed.

 

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