New Homes: We're finally seeing good signs for housing development

New housing moves slowly, but house hunters will be glad to see some significant new developments in progress 
New Homes: We're finally seeing good signs for housing development

Positive signs for new homes: Ballinglanna, Co Cork, an O’Flynn scheme which has close to 1,000 homes already being developed.

Glaciers are melting faster than housing delivery in cases: despite deals, deadlines and development zoning, it can take years, decades, even, to get a scheme to market.

Case in point was the launch of Bayly in Cork’s Castletreasure, being done by publicly listed company Cairn who’ve delivered some 8,000 new Irish homes since 2015: it’s Cairn’s first Cork venture, having bought the land — some 50+ acres, and sloping, tricky and costly to deliver homes across — ten years ago as part of an Ulster Bank portfolio offload.

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