Housing completions this year could top 22,000, according to an analysis by Banking and Payments Federation Ireland. In its latest Housing Market Monitor, the BPFI cites statistics from the Central Statistics Office showing that just over 5,000 units were completed in the second three months of this year.
That brings to 8,955 the number of housing units completed in the first half of the year, which the Federation notes was around 10% higher than the number in the first six months of last year and only 1% less than the same period in 2019. "If the sector continues to build at a rate similar to second half of 2020, it is likely that total completions in 2021 can reach 22,000 units," the report concludes.