Central Bank slashes housing completion expectations

Comes as new data from the CSO shows the median price of a home in Ireland now stands at €374,999

The Central Bank is now forecasting housing completions to stand at 32,500 for this year, and reach 36,000 in 2026, and 40,000 in 2027. Picture: Leah Farrell

The Central Bank has slashed its housing completion estimates for 2026 and 2027, blaming shortages of critical water and energy infrastructure as a major constraint on supply.

Housing completions are forecast to stand at 32,500 for this year, and reach 36,000 in 2026, and 40,000 in 2027.