The number of housing construction starts will decline this year and in 2026, with huge pent-up demand continuing to push home prices higher.
Industry analysis group Construction Information Services (CIS) said that housing construction was a huge driver of industry activity in Ireland during 2024, but that supply remains “far short” of the government’s target.
CIS said construction of 55,000 new housing units had started by the end of the third quarter last year. That compares to 33,000 for the whole of 2023.
