Monday September 21, 2020

Housing sector has rebounded faster than predicted

Key takeaways: Commencements are down but completions are picking up since lockdown ended, the latest analysis from Goodbody shows

Killian Woods

Business reporter

@killianwoods
4th August, 2020
Construction works have resumed post-lockdown but builders are taking a more cautious approach to new developments, according to Goodbody Stockbrokers. Picture:Sam Boal/Rollingnews.ie

Activity in the residential development sector was severely impacted by lockdown restrictions between the end of March and May 18.

New analysis by Goodbody Stockbrokers has shown, however, that the sector is rebounding at a faster pace than predicted since construction works have resumed at residential developments.

New home completions have improved post-lockdown, but commencements of new developments are “substantially” down.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

As Dublin endures heightened restrictions to curb the spread of Covid-19, we take a look at how much bang you can get for your buck when you compare city dwellings to rural abodes

Tina-Marie O'Neill | 1 day ago

A total of the 403 sales registered so far this year were valued at over €1m, with a good show of private homes on the register

Tina-Marie O'Neill | 1 week ago