There were 29,851 new dwelling completions in Ireland in the whole of 2022, according to the latest figures from the Central Statistics Office (CSO).
This represents an increase of 45.2% from 2021 and 41.3% up from 2019, pre-pandemic.
Last year 50.8% of completions were scheme dwellings, a further 30.7% were apartments and 18.5% were single dwellings.
There were 15,163 scheme dwelling completions in 2022, up 41.9% from 2021, while 5,522 single dwellings were completed, a rise of 16.6% from 2021.
The number of apartments completed in 2022 was 9,166, up 78.7% from 2021. This is more than the number of apartments completed in 2020 and 2021 combined.
In October, November, and December (Q4 2022) there were 9,148 completions, a rise of 31.4% from Q4 2021.
Close to six in ten completions in Q4 2022 and the whole of 2022 were in Dublin or the Mid-East (Kildare, Louth, Meath, and Wicklow). All regions saw an increase from 2021 to 2022 and from Q4 2021 to Q4 2022, ranging from a 9.8% rise in the Mid-West to 76.7% growth in the Midlands.
There were 10,370 apartments completed in Dublin in 2022 representing more than three-quarters (75.4%) of apartment completions nationally. More than a third (33.9%) of scheme completions were in the Mid-East and 18% of single dwellings completed were in the South-West (Cork City, Cork County, and Kerry).
Killiney-Shankhill was the Local Electoral Area (LEA) with the most completions in 2022 with 1,070 followed by Dublin North Inner City (817) and Glencullen-Sandyford (757).”
Despite the rise in the last quarter, there has been a small drop of 2.8% in seasonally adjusted new dwelling completions from Q3 2022 to Q4 2022.
