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30 Nov 2021

Drop in new home builds show latest official figures

Latest data shows almost 10% drop in completion of Ireland's new builds year-on-year

Latest data shows almost 10% drop in completion of Ireland's new builds year-on-year

The amount of new builds completed in Ireland has fallen by almost 10% year-on-year to the end of October. 

That's according to the latest data from the Central Statistics Office (CSO), which recorded 4,656 new dwelling completions in the third quarter of 2021. 

This marks a drop of 7.7% compared to the August, September and October period of 2020. 

Athough there was an overall fall in completions, the number of new apartment builds completed has risen. 

According to the CSO, there were a thousand apartment completions this quarter, marking an increase of 39.9% compared to 2020. 

The data shows more than two-thirds of all apartment completions were in the Capital at 67.4%, with 674 completed this quarter. 

Of all completions in the third quarter of 2021, over half were scheme, 25.7% were single and 21.5% were apartments. 

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