Number of house starts in Tipperary up by 5%

House starts down

House starts down

Tipperary bucks the trend

The number of new houses being built in Tipperary has dropped in the first 5 months of 2013, according to new statistics released by the Construction Industry Federation (CIF).

According to the latest CIF Housing Statistics Bulletin, there has been a 20% decrease in new house starts, with 37 units being started this year compared to 46 during the same period in 2012. This represents a decrease of 9 units.

The Tipperary experience was different to what has been happening in most of the major urban areas around the country with an increase in house building taking place in Dublin, Galway and Cork.

Overall the number of new unit starts around the country increased by 0.4% to 1,665 from 1,659 during the same period in 2012.

Eighteen of the new builds were started in North Tipperary, down from 26 the previous year. In South Tipperary 19 units were started, compared to 20 during the same period in 2012. Of the new units started in Tipperary, 100% were one off, individual builds.

There was more positive news on the number of house completions with Tipperary experiencing a 5% increase. A total of 111 houses were finished in Tipperary up to the end of May this year, compared to 106 last year. This marks an increase of 5 units.

House completions decreased to 50 units in North Tipperary during the January to May 2013 period, compared to 66 last year. While in South Tipperary 61 units were built, up from 40 in 2012.

Speaking about the housing statistics, CIF Director of Housing, Hubert Fitzpatrick said, “These Tipperary figures and the rest of the statistics are further evidence of the trend in house building that is taking place around the country. What we are seeing is supply is falling in certain parts of the country and this is creating a strong demand for new housing stock, prompting work to begin on new housing units. We would expect to see the growth in new house starts continue in Dublin, Galway, Cork and certain other counties, particularly in some of the areas surrounding Dublin”.