The Central Bank said its housing forecasts were conditional on the revised National Development Plan delivering new infrastructureThe Central Bank of Ireland has raised doubts over whether the Government will achieve its target of building 300,000 new homes by 2030. The Government’s new housing plan promises that a minimum of 300,000 new homes will be built by 2030 but a sharp slowdown in commencements has placed a question mark over that target. The Central Bank said its housing forecasts were conditional on the Government’s revised National Development Plan delivering new infrastructure “that relieves current binding constraints in energy, water and wastewater”. Headline growth (in MDD terms) is expected to average 2.9 per cent between 2026 and 2028. “Domestic activity signals are more mixed, with data pointing to a slower pace of growth and higher inflation,” he said.

Source: The Irish Times December 19, 2025 07:54 UTC