Monday October 26, 2020

Schemes lead 25 per cent rise in house completions

The 18,000 figure for new homes completed in 2018 is still well below the 35,000 a year economists believe is needed to meet demand

7th February, 2019
Apartment completions lagging behind. Pic:

The Central Statistics Office said 18,072 new dwellings were completed last year, an increase of 25 per cent from 2017. Just over 60 per cent of these (11,001) were in schemes, the highest proportion recorded in the statistics, which date back to 2011.

Single units accounted for 26 per cent of all homes completed, with apartments making up 13 per cent of the total.

The number of houses completed in schemes jumped by 39 per cent in 2018, but apartment building rose at...

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