New data from the Central Statistics Office (CSO) has revealed that the number of planning permissions approved for apartments dropped by approximately 39% in 2024 in comparison to the previous year.
The figures also show that the number of planning permissions granted for houses had dropped by 2.7% in 2024.
Between 2023 and 2024, the overall figure of new homes approved annually decreased by 21.4% despite the increase of 20.6% in the previous year.
READ MORE: PICTURES: Donald Trump's Doonbeg cottage hits the market with an almost €1m price tag
The CSO figures published today, March 12, 2025 show a significant drop of 55.7% in planning approvals for apartments in Dublin across the four local authorities in 2024 when compared with 2023.
There was also a 46% drop in the number of Strategic Housing Development units approved in 2024.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.