New Central Statistics Office figures show that new home completions jumped by 62.5% in the third quarter of this year compared to the same time last year.
The CSO said a total of 7,544 new dwellings were completed in the three month period from July to September.
It noted that over the first three quarters of 2022, new home completions reached 20,807, which was greater than the total for the whole of 2021, which came in at 20,560.
It was also the highest on any other year since the series began in 2011.
The CSO said the most noticeable increase in completions since the third quarter of 2021 was in the apartment sector and today's figures show that apartment completions increased by 153.4% from the same quarter last year to 2,445 this year.
Scheme dwellings rose by 44.3% to 3,569 and single dwellings were up 27.1% to 1,530, the figures also show.
All eight regions of the country saw a year-on-year increase in completions of more than 30%.
Completions in Dublin rose by 112.8% with an increase of more than 50% in the Border, Midlands, and South-West regions.
68.4% of all apartment completions were in Dublin and 57.8% of all scheme completions were in Dublin or the Mid-East region, the CSO said.
It noted that the South-West region had the highest number of single dwelling completions, with 18.2% of the national total, with Cork City and County accounting for 13.4% alone.
North Inner-City Dublin was the Local Electoral Area with the most completions this quarter with 276. Newbridge (189), Naas (166) and Cobh (153) were the LEAs outside of Dublin with the highest completions, it added.
"The new home delivery environment is challenging," said Dr David Duffy, Director of Property Industry Ireland.
"Energy and input costs have risen substantially, negatively affecting viability. Rising interest rates have impacted on the funding environment."
"Given these challenges, it is important that the public and private sector continue to collaborate to address the barriers to supply such as the need to urgently reform the planning system."
