Housing commencements across the country fell to just 16,412 last year, following a spike in 2024, with the Government hoping to see those numbers increase as it attempts to reach its goal of 300,000 new homes by 2030.
This is a significant decrease from the just under 70,000 housing commencements in 2024, however, these are skewed by government initiatives such as the development levy waiver and the Úisce Éireann rebate which led to construction firms fast-tracking projects towards commencement.
According to the Department of Housing, there were over 176,000 new homes commenced between the start of 2021 and the end of 2025. In order to reach the Government's goal, 50,000 new homes will need to be completed each year over the next five years.
