Saturday February 22, 2020

Housing commencements slow to 1,800 in fourth quarter

A new report finds that residential market activity remains depressed

8th March, 2016
New houses in Rathcoole, Co. Dublin Pic: RollingNews.ie

Housing commencements reached just over 8,000 last year but declined to less than 1,800 in the fourth quarter from 2,700 in the third quarter, a new report shows

"This is a concerning trend as commencements had gained meaningful momentum in both Q2 and Q3 2015," the report said.

It also found that the number of residential units granted planning permission fell by 12 per cent in the third quarter of last year, the latest period for which figures are...

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