Home completions rise to 36,284 in 2025 but delivery remains below housing need

Home completions rise to 36,284 in 2025 but delivery remains below housing need

CSO records highest annual output on record, driven by apartments, as regional concentration and supply gaps persist

29 January 2026 | 📧 editor@irishrealestate.news

Ireland completed 36,284 new homes in 2025, according to figures published today by the Central Statistics Office (CSO), representing a 20.4% increase on 2024 and the highest annual total since the data series began in 2011. While the figures confirm a clear uplift in housing output, delivery remains well below assessed structural demand.

The CSO data shows that almost 149,000 homes were completed over the past five years, compared with 83,267 between 2016 and 2020 and just 29,217 in the five-year period following the financial crisis. Since mid-2020, more than 161,300 new homes have been delivered nationally, reflecting a sustained recovery in construction activity from historically low levels.

Apartment construction was the primary driver of growth in 2025. A total of 12,047 apartments were completed during the year, an increase of 38.7% on 2024 and the highest annual apartment output recorded by the CSO. Apartments accounted for 33.2% of all completions, signalling a continued shift towards higher-density urban delivery following a sharp slowdown in apartment output the previous year.

Scheme housing remained the dominant form of delivery, with 18,308 scheme dwellings completed in 2025, up 13.1% year on year and representing just over half of all new homes. Single dwellings rose to 5,929 units, a 12.5% increase, but continued to account for a relatively modest share of overall supply at 16.3%.

Delivery remained heavily concentrated in the Greater Dublin Area. Dublin and the Mid-East region together accounted for 57.6% of all completions in 2025. At local level, Clondalkin recorded the highest volume nationally, with 1,399 homes completed over the year.

Activity strengthened towards year-end. In Q4 2025, 11,994 new dwellings were completed, 38.5% higher than the same quarter in 2024, suggesting improved momentum entering 2026.

Commenting on the figures, Minister for Housing, Local Government and Heritage James Browne described the data as evidence of a sustained increase in supply and pointed to parallel growth in mortgage drawdowns during 2025, particularly among first-time buyers.

For the real estate and investment sector, the data confirms that housing output is moving decisively above post-crisis norms but remains significantly short of the levels required to meet population growth, household formation and pent-up demand. The scale of under-delivery, combined with regional imbalances and construction cost pressures, continues to shape market conditions as the State seeks to accelerate delivery under its new Housing Action Plan, Delivering Homes, Building Communities.