Economic and Investment Outlook
Number, thousand
15
10
ம
Supply outlook uncertain
Stronger supply in 2022 but 2023 supply could be impacted by costs/interest rates
New Dwellings Completions* estimated to be less than
30,000** in 2023, below 2022 level
Housing starts show supply chain issues and inflation has
started to weigh on development
35
30
25
thousand
35
30
25
20
15
10
5
0
|
2016 2017 2018 2019 2020 2021 2022 2023
|
2015
2017
2019
2021
2023
2025
New Dwelling Completion
All Connections
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO
Completions (new dwellings)
Starts (advanced 12 months)
Source: CSO, Department of Housing, Planning & Local Government
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
65
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