Windsor Framework & Northern Ireland Protocol Overview
Supply outlook uncertain
Stronger supply in 2023 than expected but could be impacted by inflation/rates in '24
New Dwellings Completions* will likely exceed forecasts** of
c. 30,000 houses for 2023
Housing starts show supply chain issues and inflation has
started to weigh on development
Number, thousand
30
20
15
10
3322525
0
2015
2017
2019
2021
2023
2025
New Dwelling Completion - All Connections
Source: CSO
Number, thousand
35
30
25
20
15
10
UT
5
|
I
T
|
I
2016 2017 2018 2019 2020 2021 2022 2023 2024
Completions (new dwellings)
Starts (advanced 12 months)
Source: CSO, Irish Department of Housing, Planning & Local Government
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
*
National Treasury Management Agency
Housing completions derived from electrical grid connection data for a property. Reconnections of old houses
overstate the annual run rate of new building (all connections in graph).
**CBI Forecast
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