House commencements in Louth rise in November
Department of Housing, Local Government and Heritage publishes monthly data on the number of Commencements Notices
The number of house commencement in Louth rose in November, compared to October, but remain lower than the number of commencements in the county in November of last year, according to data released last Thursday by the Department of Housing, Local Government and Heritage.
According to the monthly data on the number of Commencements Notices (residential construction starts) for November 2023, work began on 78 new homes in Louth. This is up from 54 in October but is down however on the 108 commencements in Louth in November 2022.
Looking at the year to date, the total number of commencements in Louth in the first 11 months of this year, has exceeded the number of commencements for the whole of 2022.
Work began on 1,082 new homes in Louth up to the end of November this year. This compares to 809 commencements in Louth during the 12 months of 2022.
Of the 78 commencements in November, just five were one off residential units. There has been a fall in Louth in the number of commencements of one off units this year, compared to 2022.
Work commenced on 73 one off units in Louth in the first 11 months of this year, compared to 121 during the first 11 months of 2022, and 138 in the first 11 months of 2021.
Looking at national figures, similarly to Louth, the data show that the number of commencements in the first 11 months of 2023 (29,634 units) already exceeds the total number for the whole of 2022 (26,957 units).
The data also show that Commencement Notices for 3,087 new homes were received by Building Control Authorities in November 2023. This is an increase of 29% on the number of new homes commenced in the same month last year (2,402 units).
Of the 3,087 units commenced, 43% are scheme dwellings, 45% are apartments and 12% are for one-off units.
29,634 homes have been commenced in the first eleven months of 2023. This is a 17.7% increase on the same period last year (25,162).
The Department says that the figure is a record for this period when compared to similar periods since the data series began in 2015.
It should be noted however, that the figures remain much lower than house commencement data from Celtic Tiger years.
According to available information from the Department of Housing, Local Government and Heritage, in 2004, work commenced on 77,691 homes; in 2005, work commenced on 77,709 homes; and in 2006, work commenced on 75,602 homes.