New buildings in Galway drop by more than a half

Galway bay fm newsroom - The number of new buildings in Galway last year dropped by more than a half.

According to the latest data from GeoDirectory, Galway recorded a year-on-year decline of 52 percent in the number of new buildings in 2013.

There were 629 new buildings registered in Galway last year, the majority of which were residential properties with 50 being commercial units and 17 dual-purpose buildings.

The total number of buildings in Galway is now almost 110 thousand.

Around 80, or 13 percent, of the new commercial buildings recorded in Galway last year are vacant.

Galway has exceeded the national rate of decline in new buildings of 36 percent.

 

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