Crisis of supply in housing laid bare by stark new figures

Plans for thousands of new homes were lodged by developers before Christmas in a four-day scramble, ahead of a key date that sees the ending of fast-tracking of planning for strategic housing developments. Picture: Eamonn Farrell

Fewer than 11,500 homes were listed for sale last month on property website Daft.ie - the lowest number since the height of the Celtic Tiger, when online advertising was in its infancy.

The latest property report from Daft.ie shows that house prices rose by 7.7% on average during 2021, with the average price nationwide at €290,998 in the last three months of this year.