Dundalk sees large fall in number of dwelling completions

The number of dwelling completions in the first half of this year has fallen dramatically compared to the first half of last year, according to figures released by the Central Statistics Office (CSO).

In its release, New Dwelling Completions Q2 2023, the CSO reveals that 48 dwellings were completed in the first quarter of this year (Q1) and 45 in the second quarter (Q2), giving a total of 93 completions. This compares to 215 in the first half of 2022, when 80 were completed in Q1 and 135 in Q2.

Looking at Louth overall, in the area covered by Louth County Council, 176 dwellings were completed in Q1 of this year and 198 dwellings were completed in Q2, giving a total of 374 completions. It is down from the 391 dwellings that were completed during the same period last year.

Of the 198 dwellings completed in Q2 2023, 33 were single houses; 134 were scheme houses; and 31 were apartments. Of the 176 dwellings in Q1, 40 were single houses; 66 were scheme houses; and 70 were apartments.

The CSO release also provides some data at a local electoral area level. 25 dwellings were completed in Dundalk-Carlingford in Q2 and 12 in Q1. 24 were completed in Ardee; 115 in Drogheda Rural; and 20 in Drogheda Urban.

Looking at national figures, there were 7,353 new dwelling completions over Q2 2023, a small drop of 3.5% on the same three months of 2022. Apartment completions fell 18.9% from Q2 2022 to Q2 2023, standing at 1,897 this quarter.

There were 4,017 scheme dwelling completions in Q2 2023, up 2.0% from Q2 2022, while single dwellings were up 7.2% to 1,439 in Q2 2023. Over half (54.6%) of completions in Q2 2023 were scheme dwellings, with 25.8% apartments and 19.6% single dwellings.