462 RESIDENTIAL BUILDINGS CURRENTLY UNDER CONSTRUCTION IN CO MONAGHAN

• Carrick has county’s highest house prices, GeoDirectory report states

The latest GeoDirectory Residential Buildings Report has found that 297 new residential address points were added to the GeoDirectory database in 2021 in Monaghan, while a further 462 residential buildings were under construction in the county in Q4 2021. The report, published by GeoDirectory and prepared by EY, found that the number of new residential address points added to the GeoDirectory database nationally in 2021 fell by 17.4% compared to the previous year. In total 18,047 new address points were recorded in Ireland in 2021, with over a quarter located in Dublin (29.6%), a year-on-year decrease of 26% in the capital.

At 48.9%, almost half of the total of new addresses were found in the Greater Dublin Area of Dublin, Meath, Kildare and Wicklow. Following the temporary closure of construction sites in early 2021 due to Covid-19 public health measures, residential construction activity rallied strongly in the second half of 2021. In Q4 2021, 19,495 residential buildings were under construction, a notable 16.5% increase on the corresponding figure in Q4 2020. Residential construction activity was strongest in the Leinster region, with 59.7% of all buildings under construction in Q4 recorded in the province.

At 15.1%, the highest share of the country’s residential construction activity…