No increase in number of new build homes to purchase in 2022

Social housing and cost rental homes will absorb extra numbers of homes typically sold on the open market

Darragh O’Brien: the Minister for Housing said the Housing for All plan ‘puts forward a new vision that places home ownership back in the hands of ordinary working people’. Picture: Julien Behal

There will be no increase in the number of new-build homes available to purchase on the private market this year, a Business Post analysis has found.

Despite a rise in the rate of homebuilding, the latest available data shows that the state’s plans to deliver a significant increase in the level of social housing and cost rental homes this year will absorb a significant chunk of homes typically sold on the open market to private ...