Tuesday, June 2, 2026
14.5 C
London

Housing Completions Rise 4% in Third Quarter, But Experts Warn of Ongoing Shortages

The number of new homes completed in Ireland rose to 9,235 during the third quarter of 2025, marking a 4% increase compared with the same period last year, according to the latest figures from the Central Statistics Office (CSO).

The data show varied growth across housing types: apartment completions rose by 3%, housing estates saw a modest 1% increase, while one-off houses recorded a notable 15% jump. Dublin accounted for more than a third (36%) of all completions, followed by the Mid-East region, which represented 19% of the total.

Clondalkin in Dublin emerged as the local electoral area with the highest number of completions during the period. The CSO also highlighted strong growth in the commuter belt counties — Kildare, Meath, Louth, and Wicklow — where new residential properties rose by 35%.

However, after adjusting for seasonal variations, the number of completions in the third quarter was down by 4%, suggesting a slowdown in activity compared to the strong start of the year.

Looking at the broader picture, the first nine months of 2025 present a more positive trend. “In the first nine months of 2025 there were 24,325 new dwelling completions, an increase of 13% on the same period in 2024,” said Steven Conroy, statistician at the CSO. He added that apartment completions for the January-to-September period were up 30% year-on-year.

Despite the overall growth, housing experts warn that the current pace of construction remains insufficient to meet demand. Trevor Grant, chairperson of Irish Mortgage Advisors, said that after a strong second quarter, housing activity appeared muted in the latter half of the year.

“The country needs an exponential increase in the number of new homes being built,” Mr Grant said. “Second-hand home stock levels have fallen to record lows and not enough new homes are coming on board. The biggest driver of Irish house price inflation is the shortage of homes coupled with pent-up demand and an expanding population.”

He cautioned that without a significant boost to housing supply, affordability challenges will deepen. “Steep house price inflation will persist, and homes will continue to be out of reach for a large cohort of young people as well as many others who wish to buy,” Mr Grant added.

The figures underscore a mixed outlook for Ireland’s housing sector — with steady year-on-year growth but persistent concerns about supply and affordability.

Hot this week

Ireland “Punching Above Its Weight” in Cybersecurity as Global Threats Intensify, Says Enterprise Ireland

Ireland is “punching way above its weight” in cybersecurity...

New Pancreatic Cancer Drug Trial Delivers “Astounding” Survival Gains, Doctors Say

A consultant medical oncologist has described early trial results...

Ireland Energy Prices Ease in May as Inflation Shows Mixed Signals

Energy costs in Ireland fell by 4.3% between April...

Minister Peter Burke Launches Drive to Cut Red Tape Across Business Support Agencies

Minister for Enterprise Peter Burke is set to instruct...

Big-Name Sequels and Major Directors Return as Summer Cinema Line-Up Takes Shape

The summer movie season is set to deliver a...

Topics

New Pancreatic Cancer Drug Trial Delivers “Astounding” Survival Gains, Doctors Say

A consultant medical oncologist has described early trial results...

Ireland Energy Prices Ease in May as Inflation Shows Mixed Signals

Energy costs in Ireland fell by 4.3% between April...

Minister Peter Burke Launches Drive to Cut Red Tape Across Business Support Agencies

Minister for Enterprise Peter Burke is set to instruct...

Trump Calls for Cancellation of 250th Anniversary Concerts, Proposes MAGA Rally Instead

US President Donald Trump has called for the cancellation...

US Warns It Could Resume Conflict as Iran Peace Talks Remain Unresolved

The United States has said it remains “more than...

Derry Aim to Reignite All-Ireland Hopes as Depth and Doubt Shape Armagh Clash

Over the past five All-Ireland football seasons, six counties...

Related Articles

Popular Categories