Non-household entities – a group consisting of private companies, charitable organisations and state institutions - purchased 12,201 dwellings at market prices with a total value of €4.2 billion in 2023.
This was a decrease of 9.8% on the 13,522 purchases made in 2022, according to the latest figures from the Central Statistics Office (CSO). This is the first time the CSO has published this information in a stand-alone release.
Of the 12,201 purchases of residential dwellings by non-households in 2023, 6,438 were purchases of houses, and 2,797 (43.4%) of these were purchases of new houses. The remaining house purchases were of existing houses, of which there were 3,641 (56.6%) in 2023. Of the 5,763 apartments purchased by non-households in 2023, 3,642 (63.2%) were purchases of new apartments. The remaining apartment purchases were of existing apartments, of which there were 2,121 (36.8%) in 2023.
According to the latest figures for last year, non-household entities in the combined NACE sectors of Public Administration/Education/Human Health & Social Work purchased residential dwellings with a total value of €1.9 billion in 2023, which was more than was purchased by any other NACE sector.
Non-household entities in the NACE sector of Construction sold 12,899 residential dwellings in 2023, which was more than was sold by any other NACE sector.
Irish registered companies and institutions accounted for €3.9 billion (92.9%) of the total €4.2 billion spent by non-households on residential dwelling purchases in 2023. The remaining €302.5 million were purchases of residential property made by non-household entities with a registered address outside Ireland.
New dwellings accounted for 52.8% of all purchases made by non-households in 2023.
There was a net monetary flow of €3.3 billion to the non-household sector in 2023.
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