* In the first four months of 2025, 3,945 homes were commenced.
* There were 5,938 new dwelling completions in Quarter 1 (Q1) 2025, a rise of 2% on the same three months of 2024.
* The national Residential Property Price Index (RPPI) increased by 7.5% in the 12 months to March 2025. Property prices in Dublin rose by 6% and prices outside Dublin were up by 8.7% when compared with a year earlier.
* In Q1 2025, the number of workers in construction employment was 177,000. Among these, 60% mainly worked on new housing developments or renovations.
* The total number of dwelling units granted planning permission was 6,890 in Q4 2024, down 38% from 11,181 units in Q4 2023.
* Average hourly total labour costs for the construction sector were €32.11 in Q4 2024, up from €30.91 in Q4 2023.
* In Q3 2024, the top 10 highest average monthly rents by area were all in Dublin, with Foxrock being the highest at €3,546, based on Residential Tenancies Board (RTB) data.
* Domestic Building Energy Ratings (BER) audits show that electricity was the main space heating fuel for more than 90% of audited homes constructed between 2020-2024.
11 commenti
**Housing Hub Highlights**
* In the first four months of 2025, 3,945 homes were commenced.
* There were 5,938 new dwelling completions in Quarter 1 (Q1) 2025, a rise of 2% on the same three months of 2024.
* The national Residential Property Price Index (RPPI) increased by 7.5% in the 12 months to March 2025. Property prices in Dublin rose by 6% and prices outside Dublin were up by 8.7% when compared with a year earlier.
* In Q1 2025, the number of workers in construction employment was 177,000. Among these, 60% mainly worked on new housing developments or renovations.
* The total number of dwelling units granted planning permission was 6,890 in Q4 2024, down 38% from 11,181 units in Q4 2023.
* Average hourly total labour costs for the construction sector were €32.11 in Q4 2024, up from €30.91 in Q4 2023.
* In Q3 2024, the top 10 highest average monthly rents by area were all in Dublin, with Foxrock being the highest at €3,546, based on Residential Tenancies Board (RTB) data.
* Domestic Building Energy Ratings (BER) audits show that electricity was the main space heating fuel for more than 90% of audited homes constructed between 2020-2024.
https://www.cso.ie/en/csolatestnews/pressreleases/2025pressreleases/pressstatementhighlightsfromthehousinghubmay2025/?utm_source=Twitter&utm_medium=Twitter&utm_campaign=PSHHMay25
That’s great thanks for the info
My maths aren’t mathing…
House Stock Growth 2016 = 0%
New House Completions 2016 = 9,775
Any viable answers?
https://www.youtube.com/watch?v=mWHRnraNiKc
Lol at “population growth”. There’s a bit more to it than that I’m afraid.
Talk about trying to dodge the issues in the interest of remaining politically correct.
“Nothing to see here”
Now do 2005
That young adults number. Only one outcome as that grows.
Even if the % remains, the number grows with pop growth and people in the age group increasingly fed up.
Wow, young adults are 20-34.
Are many of these new build houses replacement houses built for the pyrite demolitions?
Can we get average take home wage per hour over the same period now?
36% is so so unacceptable, 27% was far beyond acceptable too. Losing whole generations of talented young Irish to exodus or arrested development.