New homes construction reaches seven-year high

Construction of new homes reached a seven-year high in January, as developers look to capitalise on the Government’s Help to Buy by increasing their output.

Latest figures from the Department of Housing show that based on electricity connections, some 1,244 units were completed across the country in January, up by 35 per cent year on year. On an annual basis, it means that 15,256 units were completed in the year to January, the highest level since 2010.

Read the full details in the Irish Times

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