Housing completions to drop 8% in 2023, falling short of government target, analysts say
Davy predicts 27,500 home completions this year – even as the government targets 29,000
The number of new homes built this year will fall short of the government’s target of building 29,000, analysts have predicted.
New research from Davy has found that housing completions will drop from last year’s figure of nearly 30,000 to 27,500 in 2023, which means the government is unlikely to hit its target of 29,000.
The stockbroker said a recent decline in housing commencements was a large reason for the government likely falling short of ...