Property group expects only 11,000 new houses to be completed this year

Property Industry Ireland says demand will continue to outstrip supply

22nd June, 2016
PII expects 11,000 new homes to be completed this year

The latest edition of Property Watch, published by Property Industry Ireland (PII), found there were more than 2,000 housing starts in the first quarter of the year, an increase of 57 per cent year-on-year, but of these 38 per cent were one-offs while Dublin accounted for only a third.

"This share will need to increase significantly over the coming quarters if the pent-up demand in the Dublin area and the growth in employment is to be accommodated," Annette...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Susan O’Keeffe: Gardaí and teachers are on the frontline and deserve early vaccines

Analysis: Lockdown fatigue grows but majority do not want to ease restrictions

Comment: How the FAI could have avoided the lasting damage of Videogate

Sport Paddy O'Dea 3 days ago

Latest lockdown news is deflating for everyone, but there is an end in sight