Slump in planning permissions

PLANNING permissions granted for houses and apartments has slumped by almost 45% for the third quarter of this year, compared with the same period the previous year.

According to new figures from the Central Statistics Office (CSO), planning permission was granted for 8,584 houses and apartments between July and September of this year, a drop of 43.9%.

In terms of houses, permission was granted for 5,362 units during this period, a decrease of more than 53% compared with the same figure in 2008.