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 Post subject: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 5:11 pm 
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The latest Planning Permission stats are out. Thought I'd compare them to peak.

I've looked at the CSO stats from Q1 1993 to Q3 2012
1993 to 1999 see page 6
2000 to 2004 see page 6
2005 to 2007 see page 6
2008 to 2012 see page 6

Number of Dwelling Units Approved

Houses
Quarter 3 2011; 1,887
Quarter 3 2012: 1,540
Annual % change: -18.4%

Quarter 3 2012: 1,638
Peak Q2 2005: 21,938
Peak % change: -92.5%

Apartments
Quarter 3 2011: 625
Quarter 3 2012: 98
Annual % change: -84.3%

Quarter 3 2012: 98
Peak Q3 2003: 10,065
Peak % change: -99.0%

Total
Quarter 3 2011: 2,512
Quarter 3 2012: 1,638
Annual % change: -34.8%


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 5:19 pm 
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Planning Tribunal Attendee

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No surprise there. Oversupply of houses in some areas, many builders broke, credit hard to get. Will stay low for a few more years at least I think.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 5:42 pm 
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Posts: 544
I would expect to see an increase in greater Dublin area within 24 months.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 5:43 pm 
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I wonder how many apartments have PP but are incomplete or even unstarted? There may be a PP 'overhang' in the tens of thousands. But PP for only 98 in Q3 2012? Wow.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 6:38 pm 
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Barney Gumble wrote:
I wonder how many apartments have PP but are incomplete or even unstarted? There may be a PP 'overhang' in the tens of thousands. But PP for only 98 in Q3 2012? Wow.

Personally I am surprised there were applications for 98.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 8:18 pm 
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FKALL wrote:
I would expect to see an increase in greater Dublin area within 24 months.
Why will it take that long?


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 19, 2012 8:40 pm 
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FKALL wrote:
Personally I am surprised there were applications for 98.

I know of some people who've done applications in order to be seen to be doing something, having been pressurised by the bank.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Thu Dec 20, 2012 1:38 pm 
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Indo reporting drop in Apts today

http://www.independent.ie/national-news ... 32372.html


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Fri Mar 22, 2013 12:51 pm 
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http://www.cso.ie/en/media/csoie/releas ... q42012.pdf

Q4 2012 figures out today

Houses down 7.6% annually
Apts down 30.4%
Total down 14.1%


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Tue Jun 25, 2013 12:32 pm 
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Planning Permissions
Quarter 1 2013

Number of Dwelling Units Approved
http://www.cso.ie/en/releasesandpublica ... rter12013/

Houses
Quarter 1 2012: 1,263
Quarter 1 2013: 1,860
Annual % change: +47.3%

Quarter 1 2013: 1,860
Peak Q2 2005: 21,938
Peak % change: -91.5%

Apartments
Quarter 1 2012: 92
Quarter 1 2013: 448
Annual % change: +387%

Quarter 1 2013: 448
Peak Q3 2003: 10,065
Peak % change: -95.5%

Total
Quarter 1 2012: 1,355
Quarter 1 2013: 2,308
Annual % change: +70.3%


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Tue Jun 25, 2013 4:08 pm 
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I think in part most of this new building is being brought about by the lack of properties on the market and not by a physical shortage of properties.
I know of a few houses that are under construction near houses that have been partially constructed upto first and second fixing and have then been left to rot.
My only hope for the people constructing new properties is that the market distortion that has been introduced is not causing a new round of malinvestment.
I must admit, I have thought of building myself, which is crazy looking around this area at the empties. The problem is that the empties are empty and not part of the market.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Tue Jun 25, 2013 4:14 pm 
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Posts: 166
khards wrote:
I think in part most of this new building is being brought about by the lack of properties on the market and not by a physical shortage of properties.
I know of a few houses that are under construction near houses that have been partially constructed upto first and second fixing and have then been left to rot.
My only hope for the people constructing new properties is that the market distortion that has been introduced is not causing a new round of malinvestment.
I must admit, I have thought of building myself, which is crazy looking around this area at the empties. The problem is that the empties are empty and not part of the market.


Building a one off can be crazy expensive. We have been looking at it recently. ESB, water, waste, telephone, access road, planning, architects fees, local authority fees. I'd say there is the guts of 50k before you even pour the foundations.


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Sep 25, 2013 1:46 pm 
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Planning Permissions
Quarter 2 2013

Number of Dwelling Units Approved
http://www.cso.ie/en/releasesandpublica ... arter22013

Houses
Quarter 2 2012: 1,166
Quarter 2 2013: 1,496
Annual % change: +28.3%

Quarter 2 2013: 1,496
Peak Q2 2005: 21,938
Peak % change: -93.2%

Apartments
Quarter 2 2012: 240
Quarter 2 2013: 430
Annual % change: +79.2%

Quarter 2 2013: 430
Peak Q3 2003: 10,065
Peak % change: -95.7%

Total
Quarter 2 2012: 1,406
Quarter 2 2013: 1,926
Annual % change: +37.0%


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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 18, 2013 12:46 pm 
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Planning Permissions
Quarter 3 2013

Number of Dwelling Units Approved
http://www.cso.ie/en/releasesandpublica ... rter32013/

Houses
Quarter 3 2012: 1,540
Quarter 3 2013: 1,252
Annual % change: -18.7%

Quarter 3 2013: 1,540
Peak Q2 2005: 21,938
Peak % change: -92.98%

Apartments
Quarter 3 2012: 98
Quarter 3 2013: 157
Annual % change: +60.2%

Quarter 3 2013: 98
Peak Q3 2003: 10,065
Peak % change: -99.03%

Total
Quarter 3 2012: 1,638
Quarter 3 2013: 1,409
Annual % change: -14.0%

Edit: To Clarify, these permissions are for both New Construction and Extension/Alternation and Conversion. The breakdown is not provided by CSO.

By way of anecdote, there were 10,518 permissions granted Q1 to Q3 2013, of which 2,565 were for New Construction of Dwellings (24.4%)


Last edited by TheJackal on Fri Jan 24, 2014 12:59 pm, edited 1 time in total.

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 Post subject: Re: Planning Permissions for dwellings since Peak
PostPosted: Wed Dec 18, 2013 9:53 pm 
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Joined: Feb 1, 2013
Posts: 488
TheJackal wrote:
Planning Permissions
Quarter 3 2013

Number of Dwelling Units Approved
http://www.cso.ie/en/releasesandpublica ... rter32013/

Houses
Quarter 3 2012: 1,540
Quarter 3 2013: 1,252
Annual % change: -18.7%

Quarter 3 2013: 1,540
Peak Q2 2005: 21,938
Peak % change: -92.98%

Apartments
Quarter 3 2012: 98
Quarter 3 2013: 157
Annual % change: +60.2%


Quarter 3 2013: 98
Peak Q3 2003: 10,065
Peak % change: -99.03%

Total
Quarter 3 2012: 1,638
Quarter 3 2013: 1,409
Annual % change: -14.0%


I see all these big minus figures but I can imagine the screaming headlines:

"Planning Permission for Apartments up More Than 60% This Year!"


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