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 Post subject: CSO - New dwelling completions
PostPosted: Thu Jun 14, 2018 12:27 pm 
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CSO issue new dwelling completion figures for Q1 2018 - 3,526

https://cso.ie/en/statistics/constructi ... mpletions/

For comparison the data set was back-captured to 2011

14.4k new dwelling built in 2017 - up 47% on 2016 and a massive 215% on 2014.

However 4,575 new dwellings in 2014 is a tiny number when compared to a national stock of 2m properties :)


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Jun 14, 2018 12:30 pm 
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Joined: Jan 6, 2012
Posts: 127
The CSO is credible in my eyes. I certainly see no reason to disbelieve the figures, although it will be interesting to see if anyone has legitimate criticisms over the next day or two.

Still far more homes need to be built every year of course. Apartments is the big lacuna at the moment. 2k built last year. Needs to be at a minimum 10k per annum to meet demand. Probably closer to 20k over the next decade realistically if the economy keeps growing well.


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Jun 14, 2018 2:41 pm 
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Posts: 1011
Comparing sales of new houses in the PPR with the figures there is a pretty good correlation, particularly if you allow for the time lag between completion and sale. The interesting thing is whether we see that 14.4k figure from 2017 come through this year. There were 1960 new homes sold in Q1 (and I think it's fair to assume that all the figures are in for Q1) compared to 1594 in Q1 last year - that's only a 20% increase compared to the increase of about 50% in the CSO figures. If you extrapolate to the year (assuming the same pattern of new sales) 9110/1594 * 1960 is 11201 or 23% more. It will be interesting to see how this goes.

Code:
Sales From PPR        CSO Completions
2013      3639      4575
2014      5286      5618
2015      6098      7219
2016      6665      9915
2017      9110      14446
2018*     3442      N/A
2018**    1960      3526


* Year so far
** Q1


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Jun 14, 2018 3:41 pm 
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Joined: Apr 9, 2014
Posts: 2128
Definitely a correlation but the growing buy to rent sector will skew the figures somewhat :)


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Jun 14, 2018 7:30 pm 
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New Dwelling Completions Q1 2018

https://www.cso.ie/en/releasesandpublic ... 8/ndcq118/

Image


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Sat Aug 25, 2018 2:41 pm 
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New Dwelling Completions Q2 2018

https://www.cso.ie/en/releasesandpublic ... onsq22018/

Image


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Fri Nov 09, 2018 8:27 pm 
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New Dwelling Completions Q3 2018

https://www.cso.ie/en/releasesandpublic ... onsq32018/

Image

Hmm, image not coming in great but link above anyway


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Jan 17, 2019 8:04 pm 
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Planning Tribunal Attendee

Joined: Mar 17, 2008
Posts: 1011
metalmike wrote:
Comparing sales of new houses in the PPR with the figures there is a pretty good correlation, particularly if you allow for the time lag between completion and sale. The interesting thing is whether we see that 14.4k figure from 2017 come through this year. There were 1960 new homes sold in Q1 (and I think it's fair to assume that all the figures are in for Q1) compared to 1594 in Q1 last year - that's only a 20% increase compared to the increase of about 50% in the CSO figures. If you extrapolate to the year (assuming the same pattern of new sales) 9110/1594 * 1960 is 11201 or 23% more. It will be interesting to see how this goes.

Code:
Sales From PPR        CSO Completions
2013      3639      4575
2014      5286      5618
2015      6098      7219
2016      6665      9915
2017      9110      14446
2018*     3442      N/A
2018**    1960      3526


* Year so far
** Q1

Just updating this table with the latest figures from PPR/CSO

Code:
Sales From PPR        CSO Completions
2013      3639      4575
2014      5286      5618
2015      6098      7219
2016      6665      9915
2017      9110      14446
2018*     10194   N/A
2018**    7195      12582


* Year so far
** Q1-Q3

Which suggests a lot of unsold houses although the figures suggest a speed up in sales in the last Quarter - not sure if that's normal. Still waiting to see confirmation in the PPR of a rumour that I heard before Christmas that there were an awful lot of sales closed in Dublin in December (there are about 1500 so far and there were over 2000 last December) - although December figures seem to take longer to come through.


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Fri Jan 18, 2019 3:58 pm 
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Single Home Owner

Joined: Oct 29, 2014
Posts: 119
https://www.rte.ie/news/business/2019/0 ... g-tracker/

Quote:
The latest Goodbody BER Housebuilding Tracker estimates that 18,855 new dwellings were completed in Ireland last year.
...
The stockbrokers' analysis uses Building Energy Ratings (BER) data as a forecasting tool and is published roughly four weeks ahead of the official CSO data.


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 Post subject: Re: CSO - New dwelling completions
PostPosted: Thu Feb 07, 2019 8:11 pm 
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Joined: Aug 20, 2009
Posts: 5222
New Dwelling Completions Q4 2018

https://www.cso.ie/en/releasesandpublic ... onsq42018/

Image


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