The housing crisis is not over, but the new year will bring progress

A range of initiatives is helping to stimulate a noticeable uptick in new home completions

Glenveagh Properties PLC chief executive Stephen Garvey, Housing Minister Darragh O’Brien, and Dublin City Council CEO Richard Shakespeare at the sod turning marking the start of construction of over 850 energy-efficient new homes at Oscar Traynor Woods in Coolock. Picture: Conor McCabe

History will show that 2023 has been a very interesting year for the new homes market and the new homes system. The housing emergency is being addressed.

Housing output and delivery is not just a function of market forces but also the forces of a new housing system — policy and politics play a key role in these ongoing reforms and are beginning to positively impact with a pickup in commencements evident recently.