"Apartments accounted for more than half of all units last month."
"Construction began on just 16,412 housing units last year, the lowest total since 2016."
"The number came off the back of a far higher number of units started in 2024, when a total of 69,311 notices were filed. However, this was fuelled by a waiver of development levies and a rebate from Uisce Éireann for water-connection charges."
Apartments accounted for more than half of all units last month. Construction began on just 16,412 housing units last year, the lowest total since 2016. The count followed a far higher number of units started in 2024, when 69,311 notices were filed. The 2024 total was fuelled by a waiver of development levies and a rebate from Uisce Éireann for water-connection charges. The contrast between 16,412 and 69,311 indicates a steep year-on-year reduction in recorded housing starts. Policy incentives in 2024 substantially raised starts, while recorded activity has since fallen back.
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