The momentum in new house building has continued into 2018, according to Goodbody Stockbrokers which uses Building Energy Rating registrations to track supply.
Its analysis shows that 9,765 new homes were registered with a BER in the 12 months to the end of January, a year on year increase of 73%.
But despite the increase, the total is still less than a third of estimated demand.
Today's figures show that 835 new homes were registered with a BER in January, an increase of 52% on the same month last year.
On a regional basis, 75% of the homes completed in January were in the Greater Dublin Area.
Within this, 46% of homes completed were in Dublin, leaving 29% completed in the surrounding counties of Meath, Kildare and Wicklow.
Goodbody said that semi-detached houses represented the most popular type of home completed in January, but were not the fastest growing.
BERs issued for new apartments increased by 68% year on year in January, accounting for 19% of new supply.
Goodbody noted that 38% of the new supply in Dublin were apartments, but the number remains "depressingly low".
Last week, the Government announced the details of Project Ireland 2040, a plan that encompasses both a national planning framework and national development plan.
The Government set out a target of 500,000 housing units up to 2040, equating to 25,000 units a year. 40% of these units are to be built on brown-field development sites.
"For this to occur and to prevent a continuation of the sprawl in Ireland, high-density apartment building must increase significantly over the coming years," Goodbody said.
