Ireland is set for the strongest rate of new housing completions of 19 European countries in 2024, a new report has found.
According to analysis by EY-Euroconstruct, an independent construction market forecasting network active in 19 European countries, Ireland is on course to remain in poll position till 2027.
Housing completions per 1,000 of population in Ireland – at 5.9 in 2024 and 7.0 in 2025 – are forecast to be more than 80% above the average in 2024 (3.3 per 1,000) and 127% above the average in 2025 (3.1 per 1,000) among the 19 Euroconstruct member countries.
Overall Irish construction output, which also includes non-residential and civil engineering, is forecast to grow by 1.4% in 2024, the third highest in the Euroconstruct area, and by 6% in 2025, the highest in the Euroconstruct area.
Excluding residential construction, output in the remainder of the construction industry (i.e. non-residential construction) is …