Government denies Central Bank claim it will miss its housing targets

The Central Bank estimates, based on information from industry representatives and survey data, there will be 27,500 houses built in 2023, 1,500 below the current 29,000 target. Picture: Chris Ratcliffe/Bloomberg

The Department of Housing has rejected a report from the Central Bank that alleges the Government will miss its housing targets for 2023, 2024 and 2025.

The Central Bank’s Quarterly Economic Bulletin, published today, said housing completions in 2023 will be lower than that of 2022, where there were over 29,000 houses built.