Housing commencements ‘flatlining’ – Goodbody report

Issues around planning are threatening the future pipeline of housing developments, according to the analysis

Housing commencement figures are down 23 per cent from a recent peak. Picture: Getty/iStockphoto

The number of housing commencements in recent months is “flatlining” around an annualised figure in the mid 20,000’s, according to a new analysis from Goodbody.

The report estimates that a total of 2,046 units were started in February, taking the total commenced in the past three months to around 6,000.

This is the same level of commencements as one year ago, and takes the total over the past twelve months to 27,000, according to the ...