NUMBER OF DONEGAL HOUSE STARTS GROWS

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The number of new houses being built in Donegal has grown in the first 5 months of 2013, according to new statistics released by the Construction Industry Federation (CIF).

According to the latest CIF Housing Statistics Bulletin, there has been an 8% increase in new house starts, with 91 units being started this year compared to 84 during the same period in 2012. This represents an increase of 7 units.

The Donegal experience was replicated in most of the major urban areas around the country with an increase in house building also taking place in Dublin, Galway and Cork.

Overall the number of new unit starts around the country increased by 0.4% to 1,665 from 1,659 during the same period in 2012.

Of the new units started in Donegal, 11% were part of multiple unit developments, with the rest being one off builds. During the same period last year one offs houses represented 100% of the house building activity in Donegal.

There was less positive news on the number of house completions with Donegal experiencing a 30% drop. A total of 161 houses had been finished in Donegal up to the end of May this year, compared to 230 last year. This marks a decrease of 69 units.

Speaking about the housing statistics, CIF Director of Housing, Hubert Fitzpatrick said, “These latest statistics for Donegal are further evidence of the trend in house building that is taking place around the country. What we are seeing is supply is falling in certain parts of the country and this is creating a strong demand for new housing stock, prompting work to begin on new housing units. We would expect to see the growth in new house starts continue in Dublin, Galway, Cork and certain other counties”