Record number of homes completed in Cavan in first nine months
Minister comments on CSO figures on completions.
A total of 192 new homes were completed in Cavan during the first nine months of this year., according to new figures published by the Central Statistics Office (CSO).
It represents an increase of 6% on the same period of 2022 (181 units), and is the highest number of completions recorded in Cavan for the first three-quarters of any year since the CSO data series began in 2011.
The Minister for Housing, Local Government and Heritage, Darragh O’Brien welcomed the news, stating that it points to positive signs that strong momentum in housebuilding is continuing.
Nationally, a record 22,443 homes have been completed in the first nine months of 2023 so far - an 8.9 % increase on the same period in 2022.
Minister O'Brien said: "Supply is central to dealing with all the key challenges in housing. All the key indicators are trending upwards. Nationally, the number of planning permissions for the first nine months of this year were up. In the same period, the number of new build homes commenced was almost 24,000 homes - a 14.3% increase on the same period last year. And now, the latest CSO figures on completions show that in both Cavan and countrywide, supply is increasing and that we are going in the right direction."
The government's housing target for 2023 is 29,000 new homes and the Minister believes "we will meet this target – if not exceed it".
He added: "All of this momentum is welcome but we are not complacent. I have always said that there is no one single magic bullet to solve the housing crisis but rather a variety of complementary initiatives and reforms. Whether it’s planning reforms, new supports for prospective home buyers, cost rental and other initiatives for tenants or incentives to encourage more construction, this Government is leaving no stone unturned to deliver on our targets under Housing for All.”