Irish housing completions rise to 38,200 in year to March
Today’s Irish residential completions figures show a very welcome rise, up 33% to 7,856 in Q1 2026, ahead of the pace we had forecast. Completions in the past twelve months were 38,200. The striking feature of the Q1 data is that the pace of expansion of house completions (+33% to 5,500 in Q1 2026) has now picked up too, joining the sharp rise in apartments (+33% to 2,355).
We still believe there has been an element of “catch‑up” in the apartment completion figures. The number of apartments under construction in Dublin has fallen from a peak of 22,500 in mid‑2025 to 19,700 at the end of the year. Nonetheless, the strengthening pace of house building means we may need to revise our forecast for overall completions towards 40,000 for 2026, from 37,500.
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