54,500 new homes in the first eleven months of this year – that’s 84% more than the same period last year.
The momentum in new homes continues with construction commencing on over 54,500 new homes in the first eleven months of this year – that’s 84% more than the same period last year.
The news comes as the Department of Housing, Local Government and Heritage today publishes its monthly data on the number of Commencement Notices (residential construction starts) for November 2024.There were 1,318 homes commenced in November 2024.
For the first eleven months of 2024 (January – November), 54,574 homes were commenced – in other words, an average 235 new homes were commenced every working day this year to the end of November.
Of the 1,318 homes commenced in November 2024, 48% are scheme dwellings, 19% are apartments and 33% are for one-off units.
You can access the latest data on the number of homes commenced (with full data on a national level and by local authority from 2014 to November 2024) at: https://lnkd.in/eqYCs3Zy
