There has been a modest rise in new home completions over the past year, but the number of construction starts has remained subdued, and homes are taking longer to build.
The latest Housing Monitor report from Banking & Payments Federation Ireland (BPFI) shows that commencement activity is at only slightly higher levels than in 2016. However, the number of people employed in the construction industry in skilled trades has fallen by around 35% since 2007, with significant gaps in key trades such as plastering, tiling, painting and plumbing.