national Overview – Improved Property Utilization

The⁤ number of derelict and vacant properties across Ireland continues to fall, according⁤ to the latest analysis of the residential building stock. This indicates a positive trend of improved property utilization as more homes are brought back into use.

As of June 2025,the national average vacancy rate stood at 3.7%, representing 80,328 residential properties recorded as vacant. This is a decrease from the previous year, with 17 counties reporting ⁣lower vacancy rates.

Derelict Properties – A 2.9% Reduction

The number of buildings classified as derelict decreased by 2.9% nationally between June 2024 and June 2025, totaling approximately 19,800⁣ properties. Notably, every⁣ county experienced a decline in derelict address points during this period.

New Construction – Continued Growth

Residential construction activity remains robust, with 23,869 buildings under construction nationwide as of June 2025. This represents a 9.2% ‍increase compared to the same period in 2024.

The number‍ of new addresses added to the database increased by 33,000 in the 12 months leading up to June 2025, reflecting a 5.2% year-on-year increase⁢ in home building.

Market Dynamics – Price Increases and Transaction Volume

Despite the positive trends in construction‍ and property utilization, the market continues to face complexities. The average house price nationally reached €420,469 in June 2025, marking a 9.8% increase year-on-year.

However, there was a slight decrease in the overall number of⁤ property transactions recorded over the past year, suggesting a potential cooling in market activity.