On air now

TodayFM

14,446 New Homes Finished In 2...

News

14,446 New Homes Finished In 2017

Share this article


14,446 new homes were completed in 2017 – that’s an increase of almost 50% on 2016.

58% of these were housing estates, 14% were apartments and 28% were single homes, according to new figures from the Central Statistics Office

76% of the homes were built in urban areas compared to 23% in rural areas.

The number of new homes declined from 6,994 in 2011 to a low of 4,575 in 2013.

3,526 new homes were built in the first three months of 2018, an increase on the same period in 2018.

Reacting to the figures, Housing Minister Eoghan Murphy says it proves that 'Rebuilding Ireland' is working, and Minister Murphy has denied that he's failed in his role after his first year in the job:

It comes as the Finance Minister has announced cabinet approval for the publication of the Home Building Finance Ireland Bill.

HBFI will receive funding of €750 million from the NAMA run Ireland Strategic Investment Fund to increase the supply of financing for residential developments.

It's estimated that the HBFI could have the capacity to fund in the region of 6,000 homes in the coming years.


Share this article


Read more about

News

You might like

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share

Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

TodayFM

TodayFM

Up next

Overnight

Overnight

1 AM-7 AM

Share

The Last Word with Matt Cooper

The Last Word with Matt Cooper

7 AM-8 AM

Share

Weekend Breakfast with Alison...

Weekend Breakfast with Alison Curtis

8 AM-11 AM

Share

Mario's Sunday Roast

Mario's Sunday Roast

11 AM-1 PM

Share

The Phil Cawley Show

The Phil Cawley Show

1 PM-4 PM

Share

Sundays with Declan Pierce

Sundays with Declan Pierce

4 PM-7 PM

Share

Ed's Songs of Praise

Ed's Songs of Praise

7 PM-10 PM

Share

The Beat Goes on with Kelly-An...

The Beat Goes on with Kelly-Anne Byrne

10 PM-1 AM

Share

Overnight

Overnight

12 AM-5 AM

Share

00:00:00 / 00:00:00

Share on