Friday 21 April 2017

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

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