Government action underpins strong demand in the new homes market

NEW HOMES: The Government has set itself a target of no less than 50,000 public housing units, reports Conor Power

the Government's target of no less than 50,000 public housing units will  bring some balance to the housing market which for so long has been suffering from lack of supply.

When the current administration was laying out its Programme for Government a few months ago, the housing situation in Ireland was placed front and centre of priorities, with a commitment to increasing the supply of houses – both private housing and social-and-affordable housing.

While we wait to see how the Budget will impact on the sector, it’s worth reminding ourselves of the target the Government has set itself from the public housing point of view an increase to no less than 50,000 units.