A news report on the record 93,000 homes built the previous year. According to figures from the Department of Environment this is the 13th consecutive year of growth for the building industry.

The report features footage of new houses under construction. Graphics show the figures for house completions in Ireland.

Reporter David Murphy, "For the builders this is as good as it gets. Last year we had more homes finished here per head than any other country in Europe. County Sligo had the biggest increase at 85 per cent. Leitrim followed at 80 per cent. Urban areas were different Limerick city slipped 60 per cent and Cork city was down 37 per cent. Dublin and its surrounding counties had growth of 8 per cent. But the figure for the rest of the country was 19 per cent."

Geoff Tucker of the Irish Mortgage Corporation and Hubert Fitzpatrick of the Construction Industry Federation talk of the problems of building new homes in urban areas.

Reporter David Muprphy, "And other experts agree. They believe Ireland's house building boom may have peaked last year. In 2007 the number of homes completed here is likely to drop from 95,000 to 88,000. That lack of supply in urban areas shows no sign of changing."