Ireland expected to deliver more houses while construction rates across Europe plummet, report shows

New research expects activity in the Irish residential sector to grow by 12 per cent to 2025, as output across all of Europe will drop 15 per cent

Data suggests construction activity in Ireland is “bucking the [European] trend with strong growth forecast over the next number of years, particularly in the residential and civil engineering sectors”. Picture: Getty

Activity in the Irish housing sector is expected to vastly outstrip construction levels in Europe next year, new analysis has said.

The research by Euroconstruct, a group that tracks construction levels in 19 European countries, said that Ireland’s residential sector output is forecast to grow by 12 per cent this year and in 2024.

Further analysis by the group, of which EY Ireland is a member, showed that over the same period, new residential construction ...