Starts for new homes jump 54pc in Offaly in first 11 months of ’23

The information was contained in the Department of Housing, Local Government and Heritage monthly data on the number of Commencements Notices (residential construction starts) for November 2023.

Nationally, the strong uptick in commencements this year has continued and  29,634  homes have been commenced nationally in the first eleven months of 2023. This is a  17.7% increase on the same period last year (25,162).

Overall, the data show that the number of commencements in the first 11 months of 2023 (29,634) already exceeds the total number for the whole of 2022 (26,957).

Meanwhile, a separate major new report has found that the average cost of delivering a new three-bedroom semi-detached house in a multi-unit scheme in the Midlands – which includes counties Offaly, Tipperary, and Laois – is €371,000. Nationally it ranges from a low of €354,000 in the Northwest to a high of €461,000 in the Greater Dublin Area.

The report, which has been published by the Society of Chartered Surveyors Ireland (SCSI) found the national average cost of delivering this house type across seven regions by the private sector is €397,000, while the cost is €386,000 when the Dublin region is excluded.

The SCSI’s ‘The Real Cost of New Housing Delivery 2023’ report, which was launched recently at the SCSI’s national conference in Croke Park says the average cost of delivering a 3-bed-semi-detached home in the Greater Dublin Area (GDA) has increased by over €90,000 to €461,000 over the last three and a half years.

This is an average increase of 24% on the cost to build the same house in 2020 and an average increase of 39% since the SCSI published the first edition of this report in 2016 when the cost of building an average 3-bed-semi was €330,500.

According to the report, the increase over the last three years

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