Impact of lockdown on housing output less than initially feared, says Goodbody Broker expects supply of new homes this year will be 21,000 - the same as last year
about 3 hours ago
The impact of lockdown on housing output has been less than expected, according to Goodbody Stockbrokers.
Using Building Energy Regulation (BER) data, the company estimates there were about 4,000 residential units completed in the first quarter of 2021.
This was 20 per cent down on the same period last year. However, the decline was less than what had been predicted and less than what occurred during the first lockdown last year.
As a result, Goodbody predicted house completions for the year would be about 21,000 units, the same as last year.