Stock: Official stats overestimate the rate of construction

There are 2,003,645 houses and apartments across the State, an increase of just 8,800, or 0.4pc, since 2011. The Central Statistics Office (CSO) says there are currently 421 dwellings for every 1,000 people in the State, a fall from 435 just five years ago. It says that while most homes are single-dwelling units, some 95 buildings have 100 units or more. The most populated building in the State has 372 dwellings, and is home to 882 people. The drop off in the number of homes available is due to the marked slowdown in new house completions.

Read the rest of Paul Melia's article in the Irish Independent

Frank McDonald: Housing dysfunction is laid bare by CSO

The staggering scale of Ireland’s housing crisis has been laid bare by theCentral Statistics Office, with figures from the 2016 census showing that the total stock grew by a tiny fraction – only 0.4 per cent – over the previous five years, despite a huge increase in demand for accommodation. In what the CSO described as a “clear picture” of some of the main developments in housing since 2011, only 8,800 units were added to the stock in that period, in sharp contrast to the growth of 225,232 dwellings recorded between 2006 and 2011, towards the end of the property bubble era.

Read the full article @ Irish Times