Planning permissions for apartments drop by almost 40%

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Planning permissions for apartments drop by almost 40%
Housing-Demand
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New data show all planning permissions fell more than 21 per cent in 2024

The number of apartments granted planning permission last year fell almost 40 per cent amid further signs of a slowdown in building activity.

The main driver was a fall-off in planning permissions for apartments, which dropped 39 per cent, from 21,487 to 13,194.South Dublin site with full planning for 27 new homes seeks €3m The Government is considering reforming the current rent pressure zone system which limits annual rent increases to 2 per cent or inflation – whichever is lower – to entice further investment.

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