Housing completions up just 4% between July and September

The CSO said that five of the eight regions across the country saw an increase in completions with the largest increase being seen in the mid-west region. 

There were just 9,235 new homes completed during the period July through September, an increase of only 4% compared to the same period in 2024 with one-third of those completions being apartments, new data from the Central Statistics Office (CSO) shows.

In the first nine months of this year, there have been 24,325 new homes completed, which was an increase of 13% on the same period in 2024. Apartment completions were up 30%. 

The Government has set a target of 300,000 home completions by the year 2030 which means an average of 50,000 new homes a year.

During the third quarter, there were 4,551 homes completed as part of housing development, up 1% year-on-year, while 3,160 new apartments were completed, up 3%. The number of single house developments completed stood 1,524, up 15%.

Chairperson of Irish Mortgage Advisors, Trevor Grant, said it has been a “muted start” to the second half of the year in terms of home building.

“We need an exponential increase in the number of new homes being built in Ireland. Second-hand home stock levels have fallen to record lows and not enough new homes are coming on board.

“Without a significant boost to housing supply, steep house price inflation will persist and homes will continue to be unaffordable for a large cohort of young people as well as the many others who wish to buy,” he said.

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The CSO said that five of the eight regions across the country saw an increase in completions with the largest increase being seen in the Mid-West region — which includes counties Kildare, Louth, Meath, and Wicklow — up 35% to 1,776.

The South-West region, which includes Cork and Kerry, saw an 11% increase in completions, compared to last year, with 1,239 new homes.

The decreases were seen in the South-East - Carlow, Kilkenny, Waterford, and Wexford — down 15%, Dublin which was down 15%, and the Mid-West — Clare, Limerick, and Tipperary - which was down just over 2%.