The latest edition of the National Housing Construction Index compiled and issued by Link2Plans (www.link2plans.com) shows that planning applications and project commencements in Tipperary have improved. Planning applications are up from -25% in 2012 to -1% in 2013. Furthermore project commencements are also up from -17% in 2012 to -14% in 2013.
The team of researchers at www.link2plans.com have examined every housing construction planning application and planning commencement from January to October 2013, in the production of the National Housing Construction Index.
The Index gives a direct comparison with the exact same period in 2012. Viewed on a nationwide basis, the National Housing Construction Index reveals there is a decrease in planning applications (-5%) but project commencements were down even further (-7%) since last year.
Tipperary reports a vast increase in the number of planning applications being made. Figures for 2012 and 2013 are at -25% and -1% respectively. Counties which showed a major shift in performance since last year are: Leitrim, which went from -1% in 2012 to -40% in 2013, Sligo, which went from -5% in 2012 to -24% in 2013 and Roscommon which went from -11% in 2012 to -18% in 2013. Kildare had the most positive reversal in performance since last year, going from -35% in 2012 to +11% in 2013.
Project commencements in Tipperary are also on the up, going from -17% in 2012 to -14% in 2013. Commencement increases were seen in only six counties, with Roscommon performing the best at a 52% increase in the number of commencements compared to the same period for 2012. Nationally, last year commencements were down -9% and with a -7% decrease this year, so improvements can be seen.
According to the Managing Director of Link2Plans, Danny O’Shea, the index shows that the huge increase in planning applications being made means that the next National Housing Construction Index should naturally show a much larger number of project commencements. Marry this with renewed economic confidence and the Tipperary construction sector should be back on its feet.