There was an increase of 8,452 in new dwelling completions in the third quarter of this year, according to the latest figures from the Central Statistics Office.
Apartments, at 3,373, made up 40% of all new units. This was a 47.3% increase on the number of apartments completed during the same time a year ago.
Just over 80% of all the apartments completed in the third quarter were in Dublin. Almost all of the completions in the Dublin City area - 97.5% - were apartments.The New Dwelling Completions figures do not include student accommodation. This is down to the statistical methods used by the CSO. Minister for Housing, Local Government and Heritage Darragh O'Brien noted that the number of planning permissions for the first nine months of this year were up, while the number of new build homes commenced was almost 24,000 homes - a 14.3% increase on the same time last year.
He also noted earlier this week that it was reported that the Construction Industry Federation were indicating that next year we could witness the biggest amount of housebuilding since the Celtic tiger era.
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