New home completions predicted to fall well short of targets again this year 

Report by consultancy firm Mitchell McDermott says housing output in Ireland this year could be as low as 32,000 units

The Mitchell McDermott report shows that planning permission was granted for just 35,000 homes last year — one of the lowest figures over the last six years and down from 41,000 in 2023. Picture: Larry Cummins

Ireland’s output of new homes is stagnating and is likely to fall well short of targets for a second year, a report has forecast.

Last week, the Central Statistics Office (CSO) confirmed that just 30,330 new homes were completed last year — far below the 40,000 forecast by then taoiseach Simon Harris and housing minister Darragh O’Brien.