Dublin Leads Way On New Homes As Housing For All On Target, Says CSO
The Housing for All programme for 2022 to build new homes is on track to hits its target of 33,000 units annually by 2030, according to the Central Statistics Office.
And Dublin is leading Ireland, with more than two-thirds of all apartment completions in the city and Dublin completions up by 112.8%.
The latest report from the CSO found that over the first three quarters of 2022, new home completions stood at 20,807, higher than the 20,560 total for the whole of 2021 or any other year since its tracking began in 2011.
Housing for All is the government’s housing plan through 2030, with a stated objective that every citizen should have access to quality homes to purchase or rent at an affordable price, built to a high standard and in the right place, and offering a high quality of life.
Its goal for this year was to reach 25,000 units and dwelling completions across the country, an increase of 50% in the first nine months of 2022 compared with the same period last year.
All eight regions of Ireland saw a year-on-year increase in completions of more than 30%, but Dublin led the way.
“Apartment completions increased by 153% to 2,445 in Q3, compared with the same quarter last year, with scheme dwellings rising 44% to 3,569, and single dwellings up 27% to 1,530," CSO statistician Justin Anderson said in a statement. "More than two-thirds of all apartment completions were in Dublin (68.4%) and more than half (57.8%) of all scheme completions were in Dublin or the Mid-East region."
The CSO said there has also been a significant increase in construction output in the student accommodation sector, with 7,544 new dwelling completions in Q3 2022, up 62.5% on Q3 2021.
Despite the positive outlook, in September the Society of Chartered Surveyors Ireland warned that it believed new housing output will need to steadily increase to 45,000 units per annum by the end of the decade if housing targets outlined in the government’s plan are to be achieved in its lifetime.
