Ireland - Residential Building Completions





Ireland: Residential Building Completions

Mnemonic HCMPR.IIRL
Unit #, NSA
Adjustments Not Seasonally Adjusted
Quarterly 0.97 %
Data 2022 Q3 7,544
2022 Q2 7,618

Series Information

Source Central Statistics Office (CSO)
Release New Dwelling Completions
Frequency Quarterly
Start Date 3/31/1975
End Date 9/30/2022

Ireland: Real Estate

Reference Last Previous Units Frequency
House Price Index Sep 2022 166.46 165.86 Index 2015=100, SA Monthly
Residential Building Completions 2022 Q3 7,544 7,618 #, NSA Quarterly
Building Permits 2022 Q2 7,058 7,742 #, NSA Quarterly
Residential Building Permits 2022 Q2 1,964 2,213 #, NSA Quarterly
Dwelling Stocks 2021 2,081 2,065 Ths. # Annual
Building Completions 2017 Q1 3,896 4,425 #, NSA Quarterly
House Price Value for Existing Homes 2016 Q4 292,457 284,332 EUR, NSA Quarterly
House Price Value for New Homes 2016 Q4 323,875 305,300 EUR, NSA Quarterly

Release Information

Fore Ireland, the Central Statistics Office (CSO) reports the number of new dwelling completions each quarter, by type of house, area, and electrical connection. Data are reported at the national, regional (NUTS (2013) level 3), and county level. Monthly from 2010.

  • Measurement: Unitary count (#)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date (as reported): 2011Q1
  • Start date (enhanced): 1975Q1
  • Geo coverage:
    • Country
    • All 8 NUTS 3 (2013) regions
    • All 26 counties
  • All concept-geo combinations exist: No

Prior to this dataset (from the CSO), a Housing Analytics Group was established by the Department of Housing, Planning and Local Government (DHPLG). The group came to the conclusion that new dwelling constuction (formerly based on the number of connections to the ESB Network) was being overestimated in the DHPLG publications. As a result of these findings, the DHPLG discontinued their data set The CSO made improvements, added detail and took over the publication. It will continue to be based on ESB connections but will correct over-coverage by using additional information from ESB Networks and incorporating data from other sources. In addition, Eircodes are used in data collection. Eircodes is the recognised identifier for addresses in Ireland but is assigned only when a dwelling is complete and mail is being delivered.

Construction completions are estimated by CSO based in part on connections by ESB (Electricity Supply Board), one of Ireland's electrical grid operators. The "utility connections" dataset is only partially residential.

The data sources include: ESBN Connections, Building Energy Rating (BER), Geodirectory, eStamping, and CSO Census.

The dataset is broken down by:

  • Type of house: Single house, apartment, or scheme house
  • Type of area: Rural or urban
  • Type of ESB connection: New, unfinished, reconnection, or non-domestic

Definitions

  • Reconnections: A property which is reconnected to the ESB network, having been disconnected for more than two years, is assigned a new MPRN and is therefore included in the ESB connections dataset.

Moody's Analytics supplements

For the top-line series (urban and rural, all typologies, national), we have back-extended history by 36 years, over the interval 1975Q1 to 2011Q1, using corresponding data from the entity then known as the Department of the Environment, Community and Local Government (as of 2020, it has been renamed the Department of Housing, Local Government and Heritage).

We have constructed a seasonally adjusted (SA) counterpart.

The New Dwelling Completions series is a new Statistical product compiled from third party data sources. The series will be revised on an ongoing basis as more timely and accurate data sources become available and these data sources can be matched to the ESB new connections data set.

Further reading

At the source: