The Irish Homebuilders Association says that the estimations contained in the latest Davy report in relation to the number of new homes being constructed in the counties of Sligo, Leitrim, and Donegal are a stark reminder that the supply of new homes is still well behind where it needs to be.
The IHBA represents hundreds of home builders of all sizes across Ireland.
They claim that the latest figures show the housing crisis will continue to impact the local region for some time to come.
Data from the Irish Home Builders Association states that 485 new homes were delivered in Donegal last year, 267 in Sligo, and just 36 in Leitrim where there are issues in relation to obtaining planning permission.
The latest figures when it comes to homes completed in the first quarter of 2021 compared to those of 2020 also make for depressing reading.
5 homes have been completed in Leitrim in 2021 which is actually double the amount completed by the same time last year. However in Sligo, the figure has fallen from 75 last year to 25 this year and in Donegal, the number has dropped from 116 in 2020 to 25 in 2021
James Benson Spokesperson for the Irish Homebuilders Association, says that although Covid-19 restrictions on the construction sector is a factor there are more reasons for the small number of houses constructed region:
So with many unable to build or buy new homes, the only option is to rent, according to James Benson will contribute to more demand for rental properties which in turn will drive up rent prices: