The beginning of 2015 has seen growth in the residential construction sector in Leitrim remain sluggish with the latest edition of the National Housing Construction Index revealing an increase in planning applications in 18 counties but commencements falling dramatically.
In Leitrim, planning applications have risen by 33% when compared to the same period in 2014, while commencements have fallen by 93%. Nationally, commencements are down 62% in the first two months of 2015 with every county recording a decrease, while applications are up 9%.
According to Danny O’Shea Managing Director of Link2Plans, “Commencements are down in every county when compared to the same period last year with an overall national decrease of 62%, however as noted at the time by Link2Plans, 2014 was an exceptional year due to regulatory changes.
“The introduction of changes to the building regulations in 2014 caused an unprecedented surge in commencements which was akin as one off stimulus boost.
“The fall in project commencements nationally reflects the situation in Leitrim, which also saw commencements fall sharply,” added Mr O’Leary.