Irish Housing Market Shows Strong Growth as New Home Commencements Surge in Q1 2026

New Builds - Q1 Stats

Ireland’s construction sector continues to strengthen, with the latest data from the Department of Housing, Local Government and Heritage showing a significant rise in new home commencements in early 2026.

A total of 8,408 new homes were commenced in Q1 2026, representing a 184% increase compared to the same period in 2025. In March alone, 2,939 homes were started, up 293% year-on-year, highlighting strong and sustained momentum in residential construction.

Q1 new-home commencements: 2025 vs 2026
Q1 new-home commencements, 2025 vs 2026 Q1 2025 2,961 Q1 2026 8,408 +184% YoY

Q1 2025 figure implied by the reported 184% year-on-year rise. Source: Department of Housing, Local Government and Heritage.

If 2024’s exceptional levy-driven figures are excluded, Q1 2026 marks the highest level of housing commencements on record.

Strong Long-Term Growth Trend

The latest figures build on consistent growth across recent years, with 85,723 homes commenced in 2024–2025, a 43% increase compared to 2022–2023.

The latest AIB Construction PMI survey showed residential construction activity growing for a second consecutive month.

Where Homes Are Being Built

Of March’s total commencements:

  • 55% were scheme dwellings (1,635 units)
  • 32% were apartments (932 units)
  • 13% were single homes (372 units)
March 2026 commencements by type
March 2026 commencements by dwelling type Scheme dwellings 1,635 (55%) Apartments 932 (32%) Single homes 372 (13%)

March 2026 · 2,939 homes commenced in total. Source: Department of Housing, Local Government and Heritage.

Dublin remains the most active region, accounting for 43% of all new commencements in March, led by Fingal, South Dublin, and Dún Laoghaire-Rathdown.

Government Response

Minister for Housing, Local Government and Heritage, James Browne TD, welcomed the figures, stating that increased delivery across both public and private sectors is essential to meet housing targets under the Housing Action Plan – Delivering Homes, Building Communities.

Source: www.gov.ie

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