Ireland’s housing output could be as low as 32,000 units, according to new report
Ireland’s output of new homes is stagnating and is likely to fall short of targets set by the Government for a second year, a new report has forecast.
As the Irish Examiner reports, analysis by construction consultancy firm Mitchell McDermott says housing output this year could be as low as 32,000 units.
Despite a surge in construction starts of new homes last year, Mitchell McDermott said planning permission was granted for just 35,000 homes last year — one of the lowest figures over the last six years and down from 41,000 in 2023.
Paul Mitchell, one of the report’s authors, said unless drastic measures are introduced immediately there is little chance of the new Government reaching its target of 300,000 new homes by 2030.
He said one of the key areas which must be addressed is the “high mortality rate” of applications for housing schemes in our fast-track planning system, with only 40 per cent of housing developments seeking permission proceeding to…
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