Mixed fortunes for
construction sector

Residential housing project commencements in Longford are up by 26 per cent, although this increase is less than the national average, which is 66 per cent.
Longford recorded an increase of 26 per cent in project commencements in the first six months of this year when compared to the same period in 2013, according to the latest National Housing Construction Index figures.

Longford recorded an increase of 26 per cent in project commencements in the first six months of this year when compared to the same period in 2013, according to the latest National Housing Construction Index figures.

However, the data also shows that Longford is lagging behind the national average, which was up 66 per cent, while new project applications for the the first six months of 2014 were down by six per cent when compared to last year. Applications in Longford fell from 49 in January to June 2013, to 46 for the first half of 2014.

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.

According to Danny O’Shea of Link2Plans, “The year-on year-increases for planning applications and project commencements bodes well for the construction sector in the short to medium term. The 66% year-on-year increase in project commencements is incredibly positive, notwithstanding the slowdown in the rate of growth in project commencements since the start of the year. Also, the increase in project commencements has been felt right across the whole country, with 25 of the 26 counties recording a rise in project commencements.”

The largest increases in project commencements were in Westmeath (+189 per cent), and Monaghan (+138 per cent), and Sligo (+114 per cent), with the lowest increases in project commencements taking place in Roscommon (0 per cent), and Cavan (+17 per cent).