Time to give the property sector something to build on

Demand for housing remains as strong as ever, but Covid-19 restrictions on construction are having a damaging effect on supply

21st February, 2021
Time to give the property sector something to build on
More than 20,000 new homes were completed last year, down just 2 per cent on the year before but commencements fell 30 per cent

The property market has always been driven by supply and demand, a simple fact that has stayed constant despite the hugely damaging Covid-19 pandemic.

The virus has thrown up plenty of issues in the property market. For example, construction, which was already under pressure, ground to a halt for 12 weeks last year, and has yet to resume this year save for essential projects.

A note of caution

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

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

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Pat Farrell: In the long-running apartment debate, size matters

Ivan Gaine: Shared equity proposal can alleviate housing mess

The women building change in construction

Culture must come before continuity in any successful remote-working plan