The Central Bank of Ireland has revised its forecasts for housing completions for 2025 and 2026, indicating a worrying decline in residential construction. Originally, the bank estimated 37,000 homes would be completed in 2025; however, this has been adjusted down to 35,000 due to a noticeable slowdown in construction activities. The projection for 2026 has been slightly reduced to 40,000 homes, although there is an expectation of a rebound in 2027, with completions rising to 44,000. This trend raises concerns about the government's ability to meet its long-term housing targets.
The Central Bank has adjusted its forecast for housing completions in Ireland, predicting a drop from 37,000 to 35,000 homes for 2025 amid declining construction activity.
Despite a reduced forecast for 2026, the Central Bank anticipates a recovery in housing delivery with an expected increase to 44,000 homes completed in 2027.
Collection
[
|
...
]