2021 home completions fall short of forecasts

A late surge in activity in the final three months of 2021 saw overall home completions reach 20,443, far below the 35,000 new homes the ESRI says are needed each year to meet demand

While home completions remain below pre-pandemic levels, there was a surge in new home commencements last year. File picture: Eamonn Farrell/RollingNews.ie

The number of new homes built last year was on a par with 2020 as the pandemic continued to impact the construction sector.

New figures from the Central Statistics Office (CSO) show a late surge in activity in the final three months of 2021 saw overall home completions reach 20,443, a slight reduction of 0.5% on 2020 figures.