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…)

For the first time, the housing stock and vacancy data from the Census has been released at the new Small Area (SA) level.  This new statistical geography, developed by the National Centre for Geocomputation at NUI Maynooth for Ordnance Survey Ireland, consists of 18,488 areas, typically consisting of 80-130 households. (more…)