New home completions hit highest level since 2011 despite missing 2025 target

Apartment construction drove a sharp rise in housing output last year, though completions still fell short of Government targets

the total still falls short of the revised 2025 target of 41,000 homes, agreed in November 2024. Picture: Dan Linehan

A total of 36,284 new homes were completed in 2025, up 20.4% from 2024 and the highest annual figure since the series began in 2011, according to new figures.

Figures released by the Central Statistics Office show that much of the increase was driven by a surge in apartment completions, which reached 12,047 in 2025, up 38.7% from 2024.