Government housing targets for 2025 in real jeopardy based on latest CSO completion figures – Eoin Ó Broin TD
24 April 2025
Sinn Féin spokesperson on Housing, Eoin Ó Broin TD, has said that the government’s target of 41,000 new homes for 2025 is clearly in jeopardy based on today’s Central Statistics Office (CSO) completion figures.
The CSO has reported that 5,938 new homes were completed in January, February and March (Q1) 2025, a marginal rise of 2% compared to the same three months of 2024.
Techta Ó Broin said:
“Today’s figures from the CSO are disappointing but not surprising. They show that new housing output is at about the same level as the first three months of 2024.
“What the data does confirm is that the dramatic increase in commencement notices in April last year has not resulted in increased supply. Indeed, many of these units clearly weren’t actually commenced.
“The government’s target of 41,000 new homes for 2025 is clearly in jeopardy based on today’s CSO completion figures.
“The reason for the stagnation in new housing supply is because the government’s housing plan is failing. Public and private sector delivery is way below where they need to be because the government is hell-bent on pursuing the wrong policies.
“Unfortunately, I have heard nothing from the new Minister for Housing, James Browne, to suggest that he understands this or intends to change course.
“Instead, the government will continue to underinvest in social and affordable housing while strangling Local Authorities and Approved Housing Bodies with bureaucracy and red tape.
“Likewise, Fianna Fáil talk about allowing landlords to increase rents for tenants and giving more tax breaks to large and profitable investors and developers, while ignoring the needs of the SME builder-developers.
“Sinn Féin has set out our alternative. We believe that it is possible to increase and accelerate the delivery of social, affordable, and private for-purchase homes.
“But, on the basis of both yesterday’s social and affordable housing figures and today’s CSO completion figures, that will not happen as long as Fianna Fáil and Fine Gael are in government.”
