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Housing starts are rising, but Galway’s future housing supply remains uncertain

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There has been some encouraging news on the national housing front in recent weeks. New home commencements rose sharply in January, increasing by 73 per cent to just over 2,000 units. On paper, this looks like the kind of momentum the housing market has been waiting for, but it remains to be seen if this impetus can be sustained.

Number of Galway house starts grows

The number of new houses being built in Galway has grown in the first five months of 2013, according to new statistics released by the Construction Industry Federation (CIF). According to the latest CIF Housing Statistics Bulletin, there has been a 38 per cent increase in new house starts, with 184 units being started this year compared to 133 during the same period in 2012. This represents an increase of 51 units.

 

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