Lack of big builders ‘threatens housing targets’ says Goodbody

In the Census of the Irish Housebuilding Industry, Goodbody chief economist Dermot O’Leary says the lack of scale of Irish housebuilders 'remains a major issue'

'The 10th largest homebuilder in Ireland commenced just 250 units last year. This lack of scale threatens the attainment of Ireland’s housing requirements over the coming years,' according to Goodbody's report.

The top 10 Irish housebuilders accounted for a third of all house building starts last year and many builders operate on a very small scale, increasing the risk for the Government reaching its targets to ease the housing crisis, according to broker Goodbody.

In the report, A Census of the Irish Housebuilding Industry, Goodbody chief economist Dermot O’Leary said that the lack of scale of the Irish housebuilders “remains a major issue”, with many builders building very few homes each year.