Dublin City Council (DCC) has confirmed it is working closely with the Department of Housing, the Land Development Agency (LDA), and Approved Housing Bodies (AHBs) to speed up the delivery of homes for first-time buyers and households on the social housing list. Mick Mulhern, Assistant CEO for Housing at DCC, said the council is coordinating activity across more than 100 …
Read More »Tag Archives: Ireland Housing Market
New-Build Rents to Be Linked to Inflation Under Cabinet Plan
Rents on newly-constructed residential properties in Ireland could soon be tied to inflation rates rather than being restricted to a 2% annual cap. This potential policy shift, to be considered by Cabinet next week, is part of a broader plan from Minister for Housing James Browne aimed at addressing financial challenges facing property investors and ensuring greater clarity in the …
Read More »New Proposal Lets Landlords Hike Rents by 2 Percent After RPZs End
Minister for Housing James Browne has received a policy proposal from the Housing Agency outlining possible changes to the current rent control system. The paper, delivered to the Department of Housing within the past week, presents three options regarding the future of rent pressure zones, which are scheduled to lapse at the end of 2025. The three scenarios include continuing …
Read More »Home construction drops 6.7% last year says CSO
According to the CSO, 30,330 homes were completed in 2024, a 6.7% decrease on 2023. This is in contrast to previous estimates by both government officials and economists, many of whom had projected an increase or similar levels of housing completions as the previous year. The data points to an apartment construction slump, where only 8,763 completions were observed for …
Read More »