Number of new homes coming on to the market is predicted to be the same as last year
Housing completions will fall short of the 40,000 units that Taoiseach Simon Harris has repeatedly said will be finished this year, but the need for homes is even greater than previously thought, according to the latest Central Bank projections.
Economists at the bank have revised downwards their forecasts for housing completions in September’s Quarterly Bulletin, a regular update on the state of the economy. The latest bulletin says completions will be 32,000, 36,500 and 39,000 in 2024, 2025 and 2026, respectively.