7,909 New Dwellings Completed in First Six Months of 2018
According to the latest figures from the Central Statistics Office (CSO), in Q2 2018, 4,419 new dwellings were completed, up 34.1% over the same period in 2017, bringing the total number of new dwellings completed in the first half of 2018 to 7,909 units.
Scheme dwellings accounted for 63% of all new dwellings completed in Q2 2018, with 26% single dwellings and 11% apartments.
In this period, 78% of the new dwellings completed were in urban areas. Dublin and the Mid-East made up 60.5% of all new dwelling completions in the second quarter of 2018.
Commenting on the release, Laura Flannelly, Statistician, observed: “In the second quarter of 2018, there were 4,419 new dwelling completions, compared with 3,295 completions in the same period last year, an increase of 34.1%. This brings the number of new dwellings completed in the first half of 2018 to 7,909.”
The number of scheme dwellings completed in Q2 2018 was 2,761, compared with 1,788 in Q2 2017 an increase of 54.4%.”
She said that single dwellings account for 26.2% of all new dwellings completed in Q2 2018, the lowest proportion since the series began in 2011.
“The majority of new dwelling completions in Q2 2018 were in the Dublin and Mid-East regions making up 60.5% of all new dwelling completions. Dublin 15 was the Eircode area with the highest number (308) of new dwellings completed.”