New Homes: Getting the figures right on level of new builds

Without incentives for the private sector, it’s hard to see how builders can be motivated to build new homes. Conor Power reports on the latest data on new home developments
New Homes: Getting the figures right on level of new builds

Getting the small builders back into building profitably is one factor that would help Ireland deliver on the nation’s new housing targets.

The new year has revealed something that anyone directly involved in the property sector already knew by the middle of 2024: that the Government’s repeated assertion that 40,000 homes would be built was based on fantasy and/or hope.

Putting aside any accusations of the FF/FG party hoodwinking the public in advance of last December’s elections, the new Government seems to be doubling down on efforts to tackle the housing crisis and there are a number of positives to be acknowledged, with a realistic hope of an increase in housing output in 2025.

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