Supply still struggling to keep up with demand
High demand and a strong economy are good news for Dublin’s housing market, but the number of units being built is still falling short
The Dublin residential market continued to be defined by a high level of demand in 2018 supported by a strong economy and a favourable demographic profile. However, the strong levels of demand continue to contrast sharply with developments on the supply side of the market.
Our analysis suggests that Dublin has an ongoing annual requirement for approximately 11,000 new units. However, one must also consider the scale of pent-up demand that has accumulated since 2014, which...
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