Dáil Éireann Debate, Thursday - 23 June 2022
89. Deputy Richard Bruton asked the Minister for Housing, Local Government and Heritage the number of housing completions annually since 2016; and the number in the 12 months between Q2 2021 and Q1 2022. [33211/22]
Amharc ar fhreagraData in relation to new dwelling completions is published by the CSO on a quarterly basis and can be accessed via the following link:
www.cso.ie/en/statistics/construction/newdwellingcompletions/
5,669 new homes were added to the national housing stock in Q1 2022. This represents a 44.5% increase from 3,923 completions in Q1 2021 (when there were COVID-19 restrictions in place) and is 15.1% higher than the 4,926 completions in the last pre-pandemic quarter of Q1 2020. This is the most completions seen in any first quarter since this data series began in 2011. In the 12 months to the end of March 2022, a total of 22,219 new homes were completed. This year, the Government’s target under Housing for All is 24,600 new homes.
In addition, latest CSO figures show planning permissions for all residential dwellings are up 22.7% in the year ending Q1 2022 (44,491) when compared to the same time period to Q1 2021 (36,252). In the past 12 months (June 2021 to May 2022), Commencement Notices for 30,233 new homes were received.
Together, the figures point to a substantial uplift in new housing supply in the coming years, as we increase output to average of at least 33,000 new homes per year. This increase in supply will be key to meeting demand, moderating price inflation, and addressing affordability for those wishing to rent or buy their own home.
