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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

Glenveagh Properties reiterates full year guidance

Home builder Gleveagh Properties said it was seeing very strong underlying demand for its "high-quality" homes across all selling sites as it reiterated its full year guidance.

Business • 22 May

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

Shortage of supply is still the biggest driver of price increases in the Dublin area

Price of Dublin resale homes up 2.5% over last 3 months

The average price of a resale home in Dublin rose by 2.5% over the last three months, similar to the previous quarter.

Business • 27 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

The report estimates that there is currently 7,911 hectares of residentially zoned and serviced land nationwide

Report claims zoned land for new housing in wrong places

There is enough residential zoned land across the country to build 417,000 new homes, according to a new report, but much of it is not in the locations where households are situated.

Business • 09 Sep 24

Cairn Homes chief executive Michael Stanley

Cairn Homes builds up record H1 revenue and profits

Homebuilder Cairn Homes has today reported a record half year performance amid favourable market conditions, while it said it remains on track for another year of "exceptional" growth in volumes, revenue and profitability.

Business • 04 Sep 24

The estate agency says rural areas in particular have been affected more severely than urban ones

Number of second hand homes for sale down 7% in July

There were just 12,785 second-hand houses for sale across the country last month, new research from estate agents Sherry FitzGerald has revealed.

Business • 20 Aug 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 residential sales market proved very resilient in the first half of the year, DNG said

Average price of a resale house outside Dublin up 6.8%

The average price of a resale house across the country, excluding Dublin, has climbed by 6.8% over the last year, leading estate agent DNG has claimed in its latest House Price Gauge report.

Business • 12 Jul 24

In the capital, the annual rate of asking price inflation was 7.2%

Asking prices for homes rising at fastest rate in 2 years

Asking prices for homes across the country rose at the fastest rate in almost two years in the 12 months to the end of June, new data shows.

Business • 08 Jul 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

Glenveagh Properties to build over 2,700 homes this year

Homebuilder Glenveagh Properties said its forward order book now stand at €963m, up from €805m at the end of February.

Business • 02 May 24

Prices in the west of the city increased by 3.7% on average

Cost of second hand homes in Dublin rise 1.9% in Q1

The average price of a used property in Dublin rose 1.9% between January and March compared to the previous three months, new data from DNG shows.

Business • 29 Mar 24

Glenveagh Properties CEO Stephen Garvey said the company is set to build 2,700 new homes this year

2023 revenues at Glenveagh Properties dip by 6%

Housebuilder Glenveagh Properties has reported lower revenues and pre-tax profits for 2023 but said that underlying market demand for new homes continues to be very strong and it will provide the keys to 2,700 new homes in 2024.

Business • 28 Feb 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

Cairn Homes upgrades full year guidance

Housebuilder Cairn Homes has today reported lower revenues and profits for the six months to the end of June but said it was upgrading its full year guidance due to strong demand.

Business • 07 Sep 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

Houses