Over 36,000 homes were completed last year, the highest annual total since completion records began in 2011.
However, the figure remains almost 5,000 homes short of the Government’s previous target for 2025 of 41,000 homes.
Figures released by the Central Statistics Office (CSO) today revealed that there were 36,284 new dwelling completions in 2025, an increase of 20.4 percent on 2024.
The total was boosted by a productive fourth quarter. In October, November, and December 2025 there were 11,994 completions, a rise of 38.5 percent on Q4 2024.
According to the CSO, between 2024 and 2025, the largest relative increase was in apartment completions, which were up 38.7 percent from 8,687 in 2024 to 12,047 in 2025.
Meanwhile, the number of scheme dwellings completed rose by 13.1 percent to 18,308 in 2025, and there was an increase of 12.5 percent to 5,929 in single dwellings completed in 2025.
Over half of the completions last year (50.5 percent) were scheme dwellings, while 33.2 percent were apartments and 16.3 percent were single dwellings.
CSO analysis of the data indicates that the proportion of apartments being built has grown in recent years from 16.3 percent of completions in 2019 to 33.2 percent in 2025.
Seven of the eight regions of Ireland saw higher rates of completions last year than in 2024, with the only region to experience a minor fall of 1.7 percent being the South-East, covering Carlow, Kilkenny, Waterford, and Wexford.
Both the Central Bank and the ESRI forecast last year that the Government would fall short of its 2025 target.
The Government in November stated that it was moving away from annual housing targets, Minister for Housing James Browne saying at the time that Government wanted to “get away from yearly targets”.
However, according to the State’s most recent housing plan, published late last year, the target of delivering 300,000 new homes by the end of 2030 remains.
The primary data source used by the CSO for the ‘New Dwelling Completions’ series is ESB Networks new domestic connections dataset, where the date that the connection is energised determines the date of completion.