Waterford planning applications up 9%

Planning applications in Waterford rose by nine per cent in 2014.

Planning applications in Waterford rose by nine per cent in 2014.

Waterford experienced a nine per cent increase in planning applications last year while commencements rose by 44 per cent according t o the latest National Housing Construction Index.

The data contained in the National Housing Construction Index is aggregated by consultancy Link2Plans from real time planning and project information in every local authority area, with the latest edition of the National Housing Construction Index tracking every project from January through to last December, and comparing it with the same period in 2013.

Nationally, commencements for 2014 fell by over a half from the middle of the year, with the number of project commencements falling from +66% to +30% when compared with the same period in 2013, so Waterford bucked the trend in that respect.

Said Danny O’Shea, the Managing Director of Link2Plans: “the number of planning applications in 2014 increased by 1,399 from 12,040 to 13,439, representing an increase of +12% nationally year on year.

“The positive sentiment in the residential construction sector which was initially only felt in the major urban areas is now beginning to radiate across the entire country, with 15 counties recording a rise in the number of planning applications when compared to the same period in 2013.”

Mr O’Shea added: “While confidence in the sector remains strong, the data from the National Housing Construction Index indicates that 2015 may present some a more turbulent year for the residential construction sector.

“Even though 2014 has seen growth across the sector, it is best described as a year of two halves, the first showing huge promise and the second slowing down to a trickle.”

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