New home building slowed in months pre-lockdown

Goodbody report shows 6 per cent increase in completions is lowest rate of growth since 2013

21st April, 2020
New home building slowed in months pre-lockdown
New homes being completed in Clongriffin in Dublin before Covid-19 shut down building sites. Goodbody expects housing output for this year to be below 2018 levels

Growth in the number of homes completed had slowed significantly before lockdown measures related to the coronavirus were introduced, new research has shown.

According to the latest Goodbody BER Housebuilding Tracker, which covered the first quarter of 2020, growth in homebuilding activity slowed to the lowest rate since the final quarter of 2013.

Considering construction sites were only forced to shut due to Covid-19 restrictions at the very end of March, the data compiled by Goodbody is...

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