Homes under construction at end of 2024 down more than 2% from previous year, notes report
Almost 35,000 residential address points were added to a key directory database last year, an increase of more than 20 per cent on the 2023 figure.
Its Residential Buildings Report published today and prepared by EY shows that 34,686 new residential address points were added to the database last year.Man who threatened to publish intimate images of ex-girlfriend jailed for 18 monthsThe highest proportion of new address points added to the database was in Dublin, where 38.1 per cent of the overall total was recorded, followed by Cork on 10.8 per cent. Meath contributed 5.7 per cent of the new homes while in Kildare the increase was put at 4.
The national vacancy rate has fallen again, continuing a trend noted by GeoDirectory in recent years It found that 2.3 per cent of residential properties were vacant in the last quarter of last year, a 0.1 per cent decline when compared to the same period in 2023. A total of 20,092 residential address points were classified as derelict at the end of last year – 3.3 per cent lower than at the same point in 2023.
The highest property price was in Dublin, with an average of €565,351. The average price in Wicklow was put at €488,829 while in Kildare it was €412,839.
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