Supply of new homes improves as price growth slows in 2026

The Irish housing market in 2026 shows more new homes being built and a slower pace of price increases, driven by higher supply and ongoing demand from a strong economy and population growth. This explainer summarizes what happened, who is affected, and practical next steps for home buyers and policymakers.

What changed in 2026

The market is expected to deliver roughly the same total number of new homes in 2026 as in 2025, at just over 36,000 units. As supply grows, the pace of price growth has begun to slow, suggesting that more homes entering the market can help ease affordability over time.

Key facts for readers

• Annual outlook: 2026 total completions around 36,000, similar to 2025.
• Demand drivers: Strong economic growth, solid labor market, net in-migration, and affordability supports continue to sustain activity, especially among first-time buyers.
• Prices: Price growth is moderating as more homes enter the market.

Who is affected

First-time buyers are leading activity in 2026, with demand driven by affordability supports and ongoing demographic trends. Households considering moving or upgrading may see more choices and potentially slower price increases in the near term. Builders and developers may respond to higher completions with a broader mix of homes and locations.

Practical next steps for readers

• If you’re buying: Monitor market supply in your area, compare new-build options with existing homes, and be aware that price growth is slowing but not reversing in all regions. Consider affordability programs or incentives if available.
• For renters and renters considering buying later: A larger pipeline of new homes could influence rents and availability over time; stay informed on local delivery schedules.
• For policymakers and planners: The trend toward higher completions suggests evaluating infrastructure, service capacity, and planning policies to sustain delivery and support affordability.

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