Cairn Homes to increase housing output by 30% in 2024 

Developer's current total closed and forward order book now stands at over 2,750 new homes with net sales value above €1.05bn

Michael Stanley, Chief Executive Officer of Cairn Homes.

Property developer Cairn Homes said its housing output will increase by nearly 30% this year as demand for its homes remains "exceptionally high" amongst all tenure types.

In a trading statement on Friday ahead of the company's annual general meeting (AGM), the property developer reported positive momentum in its first-time buyer business which it said was helped by "state support for customers, a more favourable mortgage market and the limited supply of competitively priced starter homes."