About 5,900 housing units were started in the last three months of the year, which represented a year-on-year drop of 65.5%. The latest housing market monitor from Banking and Payments Federation Ireland (BPFI), which covers the final quarter of 2025, shows there were just over 16,000 housing commencements during the year, down from more than 69,300 in 2024. Commencements fell sharply in key local authorities, particularly Dublin City Council, Fingal County Council and South Dublin County Council, with activity declining by almost 84 per cent in Fingal and South Dublin. About 5,900 housing units were started in the last three months of the year, a year-on-year drop of 65.5 per cent. On a more positive note, almost 12,000 new dwellings were completed in the last quarter of 2025.

Source: The Irish Times March 12, 2026 12:01 UTC