‘Large decline’ in planning permissions for new homes amid costs squeeze

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‘Large decline’ in planning permissions for new homes amid costs squeeze via IrishTimesBiz

Of that 6,743, 2,347 of the units approved were apartments, a “large decline” of 66 per cent from the third quarter of last year, when 7,027 received permission from planning authorities, the CSO said.

The counties of Mayo, Roscommon, and Leitrim, meanwhile, did not grant any planning permissions for apartments during the quarter. However, the approval rate had been expected to decline in the back half of the year amid mounting funding and costs challenges.

 

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