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Cairn Homes upgrades guidance for 2025 and 2026

Home builder Cairn Homes has reported lower revenues and profits for the six months to the end of June but said it was expecting the second half of 2025 to deliver another year of growth in revenue and profitability.

Business • 03 Sep

Q2 home completions up 35% compared to last year - CSO

Housing completion figures show that 9,214 homes were built in April, May and June of this year, according to the Central Statistics Office.

Business • 24 Jul

Minister for Housing James Browne said there would be a 'political price to pay' if the Government fails to deliver housing (File image)

Market for building apartments 'broken', says minister

Minister for Housing James Browne has said the financial market for building apartments in Dublin is broken and the tax regime needs to be examined to stimulate development.

Poltics • 24 Mar

The total number of new homes approved annually fell by 20.6% in 2024 compared to an increase of 20% in 2023, new CSO figures show today

Number of apartments granted planning permission down 39%

New figures from the CSO show that the number of planning permissions granted for apartments fell by almost 39% last year when compared to 2023.

Business • 12 Mar

Residential property prices are 15.2% above their previous peak during the boom in April 2007, the CSO said today

Residential property prices up 9.7% in October - CSO

Property prices are continuing to increase and are up 9.7% in the 12 months to October, according to the latest figures from the Central Statistics Office.

Business • 18 Dec 24

Builders have been encouraged to start work on housing because a waiver on paying a development levy expires at the end of 2024

Home commencements up 62% in October - Dept of Housing

Work started on 4,249 homes last month, which represents an increase of 62% on October 2023, according to official figures from the Department of Housing.

Business • 21 Nov 24

A total of 21,634 houses and apartments were completed in the first nine months of 2024 compared to 22,325 during the same time last year

Homes completed so far in 2024 down on same time in 2023

The number of homes built so far this year is marginally behind the number of properties completed by this time last year, according to the Central Statistics Office.

Politics • 25 Oct 24

The SCSI said the underfunding is unsustainable

1 in 10 apartment developments has no 'sinking fund'

Around one in every ten apartment developments does not have a sinking fund in place to deal with maintenance and repairs to common areas.

Business • 23 Oct 24

Despite the issue with apartment delivery, BPFI said demand for homes does remain robust

More apartments could slow housing delivery this year

The rising share of apartments in new housing developments could impact the speed of housing delivery this year, Banking and Payments Federation Ireland (BPFI) has warned.

Business • 24 Sep 24

The CSO said the total number of home approved in the second quarter of this year fell by 2.4% to 8,513 units from 8,723 units in the second quarter of 2023

Planning permissions down 2.4% in second quarter - CSO

New figures from the Central Statistics Office show a decrease in the total number of planning permissions granted in the second quarter of this year.

Business • 20 Sep 24

Nationally the median price of a home purchased over the year to June was €337,500

Residential property prices rise 8.6% over year to June

Residential property prices rose by 8.6% nationally in the year to the end of June, new data from the Central Statistics Office shows.

Business • 14 Aug 24

The cost of building apartments in Dublin was just over €300 higher than the average of €2,057 per square metre across the ten cities

Dublin among the priciest cities for apartment building

Dublin has ranked as the second most expensive city in a list of ten when it comes to the cost of building apartments.

Business • 03 Jul 24

Production began to ramp up early this year

Increased labour needed to drive construction output

An increase in labour capacity in the construction sector may be needed if the number of houses that work has begun on this year are to be delivered.

Business • 21 Jun 24

Dublin apartment prices rose by 5.3% in the 12 months to March of this year, new CSO figures show today

Home prices increased by 7.3% in March amid tight supply

New figures from the Central Statistics Office show that residential property prices grew by 7.3% on an annual basis in March - the fastest rate of increase since December 2022 and the tenth monthly increase in a row.

Business • 15 May 24

Today's CSO figures show that apartment completions in the first quarter of the year sank by 32.6% to 1,603 from 2,380 the same time last year

New home completions down 12% in first quarter of 2024

There was a 12.1% fall in the number of new home completions in the first quarter of this year, according to new data from the Central Statistics Office.

Business • 25 Apr 24

Some of the Land Development Agency's apartments at Harpur Lane in Leixlip, Co Kildare

LDA seeks applications for 621 cost rental apartments

The Land Development Agency (LDA) said it will launch the application processes for over 600 new cost rental homes in the coming weeks - including its first Project Tosaigh homes in Co Kildare.

Business • 10 Jan 24

Residential property prices rose by 2.3% in October compared with a near three-year low of 1.1% two months earlier, new CSO figures show today

House price growth picks up to 2.3% in October - CSO

Residential property price growth picked up on a yearly basis for the second month in a row in October, Central Statistics Office figures show.

Business • 13 Dec 23

The number of homes granted planning permission during the three months of July, August and September reached 9,662, new CSO figures show

Number of homes granted planning permission jump 43%

New figures from the Central Statistics Office record a total annual increase of 43% in the number of dwelling unit approvals in the third quarter of this year after an annual decline of 23% in the previous quarter.

Business • 07 Dec 23

It brings to 26,547 the number of new homes and apartments that construction has started on since the beginning of the year

New housing commencements rise in October

There was a slight increase recorded in the number of new homes that building work began on in October.

Business • 23 Nov 23

Today's CSO figures show that 42.2% of all home completions were in Dublin with 19.7% in the Mid-East in the third quarter of 2023

Housing completions up 14% in third quarter - CSO

There was an increase of 8,452 in new dwelling completions in the third quarter of this year, according to the latest figures from the Central Statistics Office.

Business • 25 Oct 23

The CSO uses new connections to the electricity network as the basis for its statistics on new dwelling completions.

Apartment completions in Q2 down 18.9% on last year

The number of new home completions in the second quarter of this year fell by 3.5% to 7,353 from 7,619 the same time last year, new figures from the Central Statistics Office show today.

Business • 26 Jul 23

The annual rate of residential property prices nationally slowed to 3.9% in March, new CSO figures, down from a rate of 15.1% the same time last year

Property price growth cools further to 3.9% in March

Prices in the residential property market continued to cool in March, according to the latest figures from the Central Statistics Office.

Business • 17 May 23

Michael Stanley, the CEO of Cairn Homes which holds its AGM today

Cairn Homes reaffirms full year guidance

Homebuilder Cairn Homes said the demand for energy efficient, quality built new houses and apartments in established residential locations remains "exceptionally strong" as it reaffirmed its full year guidance.

Business • 11 May 23

Apartments made up 36.1% of the new home units completed in the first quarter of 2023 - the highest percentage of apartments since the series began in 2011

36% of new home completions in Q1 were apartments

The number of new housing units completed in the first three months of this year was 6,716, the latest Central Statistics Office figures show. This is an increase of 19.1% on the numbers completed in the same period last year.

Business • 26 Apr 23

The scheme comprises five blocks rising up to six storeys

Residents appeal against 208 unit D12 apartment block

A residents' alliance has claimed that the overbearing nature of a new 208 unit apartment scheme for Dublin 12 will hit the values of adjoining properties.

Business • 14 Apr 23

Apartments