New figures from the Central Statistics Office show an annual increase of 2% in the total number of homes approved in the second quarter of this year.

The CSO said a total of 11,374 units were granted planning permission in the three months from April to June, up from 11,150 units the same time last year.

Of these approvals, 39.8% were for houses and 60.2% were for apartments.

The CSO noted that the number of houses approved grew by 16.6% since the second quarter of 2021.

This contrasts with a 5.8% decline in the number of approved apartment applications over the same time.

The CSO reported an annual rise of more than 28% in the number of multi-development houses receiving planning permission, compared with a 3% increase in one-off houses.

Today's figures show that Dublin accounted for the majority of apartment planning permission approvals with 69.5% of the total.

The Border Region (Donegal, Sligo, Leitrim, Monaghan, and Cavan) recorded the lowest number of apartments granted planning permission at 26.

The CSO reported a 32.2% increase recorded in the number of houses granted planning permission in the first six months of 2022 compared with the first six months of 2021.

"Today's data shows welcome annual growth in planning permissions in Quarter 2 (Q2), 2022, up by 2% on the same period in 2021," said director of Property Industry Ireland, Dr David Duffy.

"Planning permissions for multi-development houses grew by 28.2% compared with Q2, 2021. This suggests a strong ambition for the delivery of new homes by the property sector and a positive response to the range of initiatives in Housing for All. Continuing the momentum of the ongoing work on planning reform is crucial for future delivery.

He added that a key challenge in the delivery of the homes that now have planning permission is viability.

"Many of these decisions relate to applications made in the first quarter of the year. The new home delivery environment is becoming more challenging. Interest rates have risen, increasing the cost of debt. There has also been an increase in the cost of raw materials. Both these factors impact significantly on the viability of future delivery," he claimed.