Work began on 134 new homes in Louth in October

Figures released today by the Department of Housing, Local Government and Heritage, show that work commenced on 134 new homes in Louth in October, down from 436 in September, but up from 54 in October 2023.

The Department's publication, October 2024 Commencements, shows that in the first ten months of this year, work began on 2,342 new homes in Louth, more than double the 1,118 that commenced in the whole of last year. None of the 134 new homes in October were one off units however, which means they would all be scheme houses or apartments.

Of the 2,342 new homes commenced so far this year, just 91 were one off units. While this is more than the 80 in the whole of 2023, it represents just 3.9% of all the commencements this year, while last year's 80 one-off's represented 7.2% of the 1,118 commenced.

Nationally, there were 4,249 homes commenced in October 2024. For the first ten months of 2024, 53,256 homes were commenced. In the last 12 months, November 2023 to October 2024, there have been 59,510 homes commenced.

Of all homes commenced in the first ten months of 2024, 37% were in the four Dublin local authorities. By local authority, the most homes commenced this year so far have been in Dublin City (6,655) followed by Fingal (5,368) and South Dublin (4,469). The lowest number of homes commenced have been in Leitrim (91), Carlow (197) and Longford (243).