The number of residential buildings under construction topped 30,000 in June, an increase in activity of almost 28% compared to the same period last year.<\/p>\n
The highest proportion of were located in Dublin with 6,107, followed by Cork with 3,770 and Meath with 2,192.<\/p>\n
According to the GeoDirectory’s second quarter report 37,128 new addresses were added in the 12 months to June, representing a 12% year on year increase.<\/p>\n
The GeoDirectory database is considered the most comprehensive address database of dwellings and produces two Residential Buildings Reports annually – one in the second quarter of the year and the other in the fourth quarter.<\/p>\n
Speaking on RT\u00c9’s Morning Ireland, GeoDirectory CEO Dara Keogh said the increase in construction will result in a lot more addresses because some of the buildings will be apartment blocks with multiple individual addresses.<\/p>\n
He also said taking in the number derelict buildings coming back on stream, the number rises to nearly 39,000.<\/p>\n
The report showed that there were a total of 19,137 properties listed as derelict, a fall of 3.5% compared to the same period in 2025.<\/p>\n
The national vacancy rate remained unchanged at 3.7% with 81,373 vacant units recorded nation-wide.<\/p>\n
Vacancy rates decreased year-on-year in 15 out of 26 counties surveyed.<\/p>\n
The highest vacancy rates were found in the west and north-west of the country, with Leitrim (11.5%), Mayo (10.3%) and Roscommon (9.9%) seeing the highest rates.<\/p>\n