Temporary stall or long-term change? 10% drop in number of residential buildings under construction in Dublin since 2019

Data gathered by Geowise shows that 16,617 residential address points were added to the its database between June 2019 and June 2020 – a 32.9% drop on 2019′s figure of 24,773.

The three highest vacancy rates were found in The West of Ireland; Leitrim has Ireland’s highest vacancy rate , followed by Roscommon and Mayo .Of that, 18.8% were new dwellings, representing a drop of 7.6% from 2019. Earlier this month, a report from Daft.ie showed that the average price of a home in Ireland in June was 3.3% lower than the same time last year.

The report said: “The average listed sale price nationwide fell by 0.5% in June, having risen by 3.8% in May.”

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