New dwelling completions up 62.5% year-on-year

November 12, 2022 MyHome by MyHome
New dwelling completions up 62.5% year-on-year

There were 7,544 new dwelling completions in July, August and September 2022, up 62.5% from Q3 2021.

The latest figures from the Central Statistics Office (CSO) show that over the first three quarters of 2022, completions stood at 20,807, which was greater than the 20,560 new homes built in the whole of 2021.

The figures show that Apartment completions increased by 153.4% from the same quarter last year to 2,445 in Q3 2022, with scheme dwellings rising 44.3% to 3,569 and single dwellings up 27.1% to 1,530.

Close to half (47.3%) of completions in Q3 2022 were scheme dwellings, while just under a third (32.4%) were apartments and 20.3% were single dwellings.

Completions increased by more than 30% in all regions of Ireland from Q3 2021, with a 112.8% increase in Dublin.

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More than one in eight single dwellings were in Cork City or County.

By Local Electoral Area, the most completions in the quarter were in North Inner-City Dublin (276), Lucan (269) and Swords (199).

Newbridge (189), Naas (166) and Cobh (153) were the LEAs outside of Dublin with the highest completions.

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