Record number of new homes commenced in Waterford in 2024

Commencement data shows construction of new homes in Waterford increased by 34 per cent in 2024 compared to 2023.

In 2024, there have been commencement notices for 941 homes in Waterford, up 34 per cent compared to 2023 (700 homes).

Speaking on the figures, Minister for Housing, Local Government and Heritage, Darragh O’Brien commended Waterford for its proactiveness: “Strong figures on home starts in Waterford in 2024 confirm that a robust stock of new housing is in the pipeline."

"Government initiatives such as the development levy waiver and the Úisce Éireann rebate have had a positive impact in getting projects off the ground with the ultimate goal of increasing our housing supply to meet housing needs," he said.

"This significant rise in housing supply will enable more people to become homeowners and also help increase access to a wider range of secure housing options.” 

Nationally, the data shows that between January and December 2024, there were 60,243 new homes commenced, up 84 per cent from the 32,801 recorded in 2023.  This equates to, on average, 239 new homes commenced every working day during 2024. This is the highest number of annual residential commencements since records began in 2014.