New home completions jumped 45% in 2022

Concerns remain that targets will be met as the number of new construction starts fall
New home completions jumped 45% in 2022

Of all completions in 2022, 50.8% were housing scheme dwellings, 30.7% were apartments and 18.5% were single dwellings. File Pic: Larry Cummins

Meeting housing construction targets this year will be a challenge despite strong home completion data from the CSO showing the number of new dwellings completed last year increased by 45.2% to 29,851.

It is the highest level of home completions since the CSO began recording the figures in 2011. The number of apartments finished last year was 9,166, more than the number completed in 2020 and 2021 combined.

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