Record low for housing starts - Completions plummet to 23k

Figure should be 23,000

from Cork Examiner today: … qqqx=1.asp

It looks now as if housing completions will fall to 23,000 next year from a high of 90,000 in 2006.

The figures from HomeBond and Premier confirm that private house starts (one-off and public >housing are not included) are likely to fall to less than 13,000 in 2008, down 67% year on year, >and 81% from the peak year in 2006, he said.

It is probably still too many

how would 23k a year compare pro rata with other countries? more or less?

In the dark days of the 80’s we were building something in the order of 28,000 public and private combined.


so less than half of 2000s employed in construction figure

About the same as Scotland between 1996 and 2005, although Scotland has a million more people and a 6-7% vacancy rate.

New dwelling completions for Denmark peaked last year at about 24,000 per annum, Danish population is 5.5 million.