Tuesday, April 3rd, 2012

Census 2011 revealed that there were 289,451 vacant properties (14.5% of total stock) in April 2011.  Of these 59,395 (3%) were classed as holiday homes.  That means that 230,056 properties are vacant.  In any housing market there are always some houses vacant, termed base vacancy.  In Ireland the Dept of Environment (DECLG) expect 6% of properties to be vacant at any one time.  In other words, given the 1.99m units they’d expect 119,691 units to be vacant.  That still leaves us with an oversupply of 110,365 units (plus 17,900 under-construction units as recorded by the DECLG unfinished housing development survey for 2011). (more…)

Following on from our Census mapping work from last week, we thought it would be interesting to overlay the 2,876 unfinished estates identified by the Dept of Environment through their housing development survey over the vacancy rates at Small Area level calculated from Census 2011.  (more…)


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