Record 60,243 new homes commenced nationwide in 2024

Fianna Fáil TD for Louth, Erin McGreehan, has welcomed the publication of monthly data by the Department of Housing, Local Government and Heritage on the number of Commencements Notices (residential construction starts) for 2024.

The data shows that between January and December 2024, there were 60,243 new homes commenced, up 84% from the 32,801 recorded in 2023. 

This equates to, on average, 239 new homes commenced every working day during 2024. This is the highest number of annual residential commencements since records began in 2014.

In Louth, 2,775 new homes have been commenced in the past year.

Welcoming the figures, Deputy McGreehan said: “I’m delighted that these figures have confirmed positive momentum in housing supply here in Louth. 

“Over the past year, we have seen almost 3,000 new homes commence in Louth, and, nationwide, a record 60,243 homes.

“As a party, Fianna Fáil has placed a top priority on doing everything we can to help people to afford to buy or rent a home.

“I am pleased that these statistics show we are making progress, that homes are being built and my focus will be on doing whatever I can to keep this positive momentum going.”

Minister for Housing, Local Government and Heritage, Darragh O’Brien said:

“Strong figures on home starts in 2024 confirm that a robust stock of new housing is in the pipeline.

“Government initiatives such as the development levy waiver and the Úisce Éireann rebate have had a positive impact in getting projects off the ground with the ultimate goal of increasing our housing supply to meet housing needs.

“This significant rise in housing supply will enable more people to become homeowners and also help increase access to a wider range of secure housing options.”

For further information, reach out to Erin McGreehan.

ENDS

Note to Editors

Commencements data can be accessed online here: https://www.gov.ie/en/publication/8edd6-december-2024-commencements/