en.Wedoany.com Reported - Ireland's Department of Housing recently released the "Quarterly Housing Supply Monitoring Report," showing that nearly 25,000 apartments are under construction in the Dublin area, a year-on-year increase of 1.2%. However, the number of housing units that have received planning permission and commenced construction fell by approximately 13%, to 7,690 units.

The report indicates that planning permission for over 41,000 apartments has not yet commenced construction, an increase of over 5% compared to the first quarter of last year. Among residential units granted planning permission, over 80% are apartments. A total of 78,658 residential units have been granted planning permission in the Dublin area, of which 31,936 have commenced construction, including 8,462 completed units and 23,474 units under construction across 202 active sites.

A government source stated: "The surge in housing commencements in previous years is continuing to move into the construction phase, which is reflected in the significant increase in apartment construction. There are currently 24,246 apartments under construction across active sites in Dublin." The source also noted: "The continued rise in permissions, coupled with activity on construction sites, indicates that the entire system is moving in the right direction, with housing delivery advancing at scale."

Regarding planning approvals, 13,667 units were awaiting a planning decision in the first quarter, a year-on-year decrease of 5%. A government source pointed out: "This marks a significant drop from the peak of 34,410 units awaiting decision in the fourth quarter of 2022, reflecting that increased resourcing for the planning board is proving effective in reducing the backlog."

Within the Dublin City Council area, 28,498 new homes have been approved, of which 27,911 are apartments, accounting for 97.9%. A further 3,119 proposed units are awaiting a planning decision. Of the 28,498 approved units, there are cumulatively 13,678 active permissions, a year-on-year increase of 22.1%, including 1,523 completed units and 12,155 units under construction across 71 active sites. Among the active permissions, 13,312 are apartments, representing 97.3%.

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