Investor Presentaiton
Completions forecasted to grow 50% by 2024
2022-24 may see rebound in supply - housing starts 30k+ in last 12 months
35
30
25
20
Number, thousand
10
5
0
New Dwellings Completions* hampered by Covid lockdowns
in 2020 and 2021, rebound expected in 2022, 2023**
Recent housing starts show supply is responding - last 12
months have seen 25K units completed
40
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
New Dwelling Completion -All Connections
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
*
National Treasury Management Agency
Source: CSO
Thousands
35
30
25
20
15
10
0
5
2017 2018 2019 2020 2021 2022 2023
Starts (advanced 12 months)
Completions (new dwellings)
Source: CSO, DOH
Housing completions derived from electrical grid connection data for a property. Reconnections of old houses or
connections from "ghost estates" overstate the annual run rate of new building (all connections in graph).
** 2022 & 2023 CBI Forecast
20
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