Major drop in construction
Published 17/04/2012 | 11:57
A NEW housing construction index has highlighted the drop in construction activity in Carlow. The national index compiled and issued by Link2plans has shown the extent of the drop in construction activity in Carlow measuring both submitted Planning Applications and Planning Commencements for the county.
In January and February 2011 37 Planning Applications were submitted in Carlow. In the same period this year just 31 Applications were submitted constituting a drop of 16 per cent. In the same period the number of Commencement Notices issued in Carlow had decreased from 9 projects to 6 making the percentage decrease, 33 per cent.
Link2plans' National Housing Construction Index has shown that housing extensions now make up the majority of active projects.
Produced by a team of researchers at www.link2plans.com the new National Housing Construction Index relates to all Planning Applications and Planning Commencements throughout the months of January and February 2012 and gives a direct comparison with the same period in 2011.
Link2plans will produce this index bi-monthly and will give a real time barometer to sentiment (Planning Applications) and to activity (Housing Commencements) in housing construction including residential developments ( multiple units), one-off housing (self-build) and one-off housing extensions.
The detailed index shows the overall national trend, and highlights the counties that have seen a significant rise or significant fall. The index shows huge variations in activity from county to county.
Speaking about the new Index, the Managing Director of Link2plans, Danny O'shea said, 'Carlow has experienced a decrease of 33 per cent, over twice the national average, and the decrease in submitted Planning Applications will further impact on this figure into the future.'