Housing crisis deepens as 2025 construction output could miss targets by tens of thousands

Sherry FitzGerald managing director told the conference that house building in Ireland would need to double to meet the current demand levels and the current gap between supply and demand was making prices surge at higher rates in regional parts of the country. file Picture

The number of homes to be built in Ireland this year will be “nowhere near what we need” and could fall as low as 25,000, which would be a devastating blow to Government targets, a major conference has heard.

The Housebuilding Summit convened by the Construction Industry Federation heard from some of the country’s most senior civil servants and major developers, along with minister for housing James Browne. It discussed how Ireland could reach the Government’s aim of 300,000 new homes by 2030.