State likely to fall short of 2024 completions target, according to Sherry Fitzgerald chief Marian Finnegan
Sherry FitzGerald said the State will fall short on its own housing completion target that is itself far behind the number of homes required each year. Photograph: Rui Vieira/PA
The target for 2024 is for just under 33,500 but figures fell noticeably short of last year over the first half of the year with the Sherry FitzGerald report saying it is now unlikely that the level of completions achieved in 2023 will be surpassed this year.Budget 2025 had more to say about AIB than AI
“Recent population projections from the CSO have made it clear that current housing targets are well below what is needed in order to close the gap between supply and demand,” Ms Finnegan said. “Housing output needs to be increased to 62,000 units annually over the next few years. There are significant hurdles to achieving this, however, including labour constraints, adequate infrastructure and a shortage of serviced land.
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