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More apartments than houses approved in Q2
Pic: RollingNews.ie

09 Sep 2022 / property Print

More apartments than houses approved in Q2

Official figures show that planning permissions for new homes are increasing at a faster rate than those for apartments.

The Central Statistics Office (CSO) said that permissions were granted for 11,374 housing units in the second quarter of 2022.

This was up 2% compared to the same period last year.

Although apartments accounted for 60% of the total, the number of houses approved rose by 17% over the previous 12 months, while the apartment figures were down 6%.

In the first quarter of this year, approvals for houses had been ahead of apartments for the first time since 2019.

Dublin lags on houses

The number of multi-development houses receiving planning permission recorded an annual increase of 28%, while one-off houses were up just 3%.

A total of 2,692 multi-development houses and 1,840 one-off houses received approval in the three-month period.

More houses were granted planning permission in Cork and Limerick than in Dublin during the period.

From April to June, planning permissions for 4,756 apartments were granted in Dublin's four local authorities – 70% of the total approved in the State.

For the first six months of 2022, total permits for new homes are running almost 10% ahead of the same period last year, when some COVID-19 restrictions were in place. Houses are up 32%, but apartment numbers are down almost 5%.

Gazette Desk
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