Banking and Payments Federation Ireland found that only one in 10 housing units started last year were completed within 12 months
Almost 33,000 new homes were completed in the 12 months ending September. Photo: Getty
It is taking longer to complete housing projects, with a shortage of skilled construction workers contributing to the difficulties meeting the huge demand for homes, the banks have said.
Construction on around 11,600 housing units started in the first 10 months of the year.