The emerging constraints on housing supply in urban areas have been highlighted in a number of ways. The low level of construction and lack of mobility in the housing market as well as statistics on the disparity between mortgage approvals and drawdowns combine to illustrate housing market supply issues in urban areas particularly in the Dublin region. My Department monitors and reviews these, and other, indicators on a regular basis. As referred to in my previous response of 17 June, the Government's Construction Strategy includes, within the broad policy framework, a desire for a return to sustainable levels of mortgage lending as part of a healthy market. A key aspect is to ensure that sufficient confidence is in place to facilitate development and that customers will be capable of accessing finance to purchase new build homes. This means mortgage products being available to potential purchasers with an ability to support repayments but mortgage lending decisions must be taken on a sustainable and prudent basis by the financial institutions conforming fully to regulatory requirements both in relation to the lending institution and also having regard to the safeguarding of the borrower's interests.