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Cork Independent

Home & Property

CSO: New home completions up 23% across Cork county in Q3

Wednesday, 14th November, 2018 4:45pm

The number of new homes built has risen across the country with Cork county recording the most completed single dwelling units than anywhere else in the country.

In the third quarter of 2018, there were 4,673 new dwelling completions nationally, compared with 3,786 completions in the same period last year, an increase of 23.4 per cent, the CSO has said.

This brings the total number of new dwellings completed in 2018 to 12,582, an increase of 27.7 per cent to 2017 where 9,856 dwellings were completed in the first three quarters of that year.

The third quarter figures show that seven single dwellings in Cork city and 133 in Cork county were built, the highest of any local authority in Ireland.

There were 29 schemes built in the city and 228 in the county while there was 39 apartments built in Cork city and 16 in Cork county.

This brings the total amount of units built in the city to 75 and county to 377.

Aaron Willis General Manager of Glounthaune Property Development said: “The figures from Cork are encouraging, the South West (Cork city and county and Kerry) had the most single dwelling completed, but the city areas are still lacking hugely.

“With a growing tech and pharma sector in the region, more and more workers are going to look to locate here but they will undoubtedly face challenges when it comes to finding suitable accommodation.”

He added: “Over the next 20 years, we will see unprecedented growth in the size of our population. Armed with this knowledge we must be prudent and consider, from a building perspective, how we can plan for this growth. There will, of course, be a number of individual but complementary strands required in order to execute any effective strategic roadmap aimed at managing this growth, and there will be plenty of challenges.”

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