Housing completions fall 17% but demand starts to rise

The number of housing completions in Cork city and county dropped by 17% last year — but there are positive signs for the building sector.

A total of 1,115 new houses were completed in Cork from January to November last year, down 224 houses on the same period in 2011, when a total of 1,339 houses were completed, data released yesterday by the Construction Industry Federation showed.

The CIF’s National Housing Statistics Bulletin showed that 877 completed units were in Cork county and 238 were in the city.