Demand for new homes more than doubles in just one year

The growth in the numbers wanting a new property was up 117% in May 2023 compared to the same month last year, according to the report. File Picture.

Demand for new homes has more than doubled in the last year, reinforcing the “desperate need” for increased supply.

Analysis carried out by Daft.ie notes a surge in enquiries sent to property listings in most parts of the country last year, with the nationwide demand for homes up by 17%.