Building of 6,400 residential units under way

More than 260 multi-unit development projects, worth a combined €1.47bn and currently under construction, were commenced in the first three quarters of the year.

A total of 264 developments comprising almost 6,400 individual units are being built and contributing to the strong growth in the sector in terms of job creation, positive sentiment, and activity levels.

The vast number of developments being built in Dublin dwarfs those in other regions, with the rest of Leinster seeing the next greatest rate of activity followed by Munster.