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Sunday Property Round-Up 24th May 2026 

Sunday Property Round-Up 24th May 2026 

Weekly Irish property market news and insights – for the industry, by the industry

It was a week of emotive language around housing: “highest quarterly rent hikes for quarter of a century” and the “greatest number of evictions since the famine”. 

Unfortunately, the data confirms this to be accurate.

This undoubtedly supported the rise of a right-leaning candidate in the Galway West by-election. While Social Democrats’ Daniel Ennis took the Dublin Central seat on the 9th count, at the time of publication, we are pending the 5th count from Galway where left-leaning transfers will now decide between the current Leader of Seanad Eireann and a man who believes that “the inn is full”.

LET’S FOCUS ON THE DATA: 

  • 4.4% – Rent hike: the largest quarterly increase recorded since the series began in 2002 
  • €2,176 – Cost of average two-bed apartment
  • 11,021  – Homes commenced in Q1 (activity rises 176%)
  • 78,658 –  permitted homes in Dublin’s housing pipeline 
  •  202 – active residential development sites across Dublin
  • 24,246 – apartments currently under construction in Dublin 
  • 2,141 – Q1 homes delivered through 19 completed schemes
  • 46,722 – permitted homes uncommenced (41,114 are apartments)
  • 120 – Derelict sites identified across Dublin
  • 2,876 – home impacted by JRs
  • €198m – Development land deals in Q1
  • 28% lower than January 2020 – advertised housing stock, according to Sherry FitzGerald
  • 3 Minutes – Great research by Laura Lynott in the Independent shows that the race for in-demand ‘Affordable Homes’ starts in as little as three minutes
  •  44%  – Young people in Gaeltacht want to build their own homes on their own land
  • 90% – Dublin’s data centres located in economically deprived communities
  • €6,500 – Cash Irish homeowners in SE Spain might have to pay to get squatters out
  • €5.6bn – Lifetime return to the State: NAMA winds down after generating €48.5bn and delivering 44,500 homes

The new government data released this week is directly relevant to developers and their pre-planning and design teams. Property District’s Development Heat Map (https://propertydistrict.ie/development-heat-map/) brings this together with existing layers covering zoning, water, power, flood risk, demographics etc in a single interactive view.

A briefing session will be held for developers and their pre-planning and design teams on how to navigate interactive maps, understand these data layers, and action them in site assessment and feasibility work. Register your interest with carol@propertydistrict.ie – initial priority for teams with no ArcGIS resource.

Finally, the UK industry has had a similar issue with recruitment of apprentices as seen here in Ireland, and has taken similar initiatives, however construction apprentice dropout rate there is now so severe, it requires government action — perhaps this is something Ireland needs to get out ahead of..?

📧 All stories are covered in full within this week’s Sunday Property Round-Up on iProperty Radio, powered by Property District – now the largest weekly newsletter BY and FOR Ireland’s real estate and construction industry. If it’s not in your inbox yet, email carol@caroltallon.com to receive a copy.

PROPERTY DISTRICT PRESS OFFICE 

Below are the local and international stories that might be of particular interest: 

  • NAMA winds down after generating €48.5bn and delivering 44,500 homes: Final annual report confirms €5.6bn lifetime return to the State as legislation begins process to dissolve the agency established during the financial crisis

EU POLICY & RESEARCH IMPACTING HOUSING DELIVERY 

Taoiseach Micheál Martin was in Rome on Friday and met with the Prime Minister of Italy, Giorgia Meloni, as part of his programme of meetings with leaders ahead of Ireland’s Presidency of the EU Council.  The Leaders discussed preparations for Ireland’s upcoming Presidency, which begins on July 1, as well as bilateral relations and international issues.

WHAT I AM READING THIS WEEK

When Minister Jack Chambers told the Association of Consulting Engineers of Ireland conference last week that “risk aversion is holding us back” — as reported in The Irish Times under the headline ‘Government to encourage public service to take more risks for infrastructure’ — he was calling out a debate with a longer history than this week’s coverage suggests. Two books I picked up recently in a secondhand bookshop speak directly to that history. Both were published before I was born (and I am nearly three decades in this industry), and both are worth dusting off now.

The first is The Irish Civil Service by Seán Dooney, published by the Institute of Public Administration in 1976 (https://amzn.to/4deW62a) — written, in its own words, in response to “the growing size, power and cost of the public service” having become “a controversial subject”. Fifty years on, that controversy has not gone away; it has direct relevance to the question of infrastructure delivery.

The second is Advisory Bodies in Irish Government by Donald E. Leon, published by the Institute of Public Administration in 1963 (https://amzn.to/42EWVLG). It is, as far as I can establish, the first sustained examination of the use and growing influence of interest groups and outside experts on the Irish public service. Leon opens with a definition worth sitting with as we debate where decision-making authority should now sit: “Democracy can perhaps be defined and measured in terms of the number and variety of persons and interests whose views are taken into account in deciding policy…”

The Dooney is still available on Amazon at the link above; the Leon is not currently in stock, but you can add it to your list in case a copy surfaces.

PS — an architect told me recently that his office had cleared their library of old books to make room for renovation. Please don’t dump these; let me know if you are looking to “rehome” any old books touching on place and the built environment. There is still insight to be captured from these early records.

If you missed last week’s round-up, you can catch up here: https://ipropertyradio.com/sunday-property-round-up/ 
As always, you might let me know if I have missed out on any relevant property news by emailing carol@caroltallon.com 

PLACEMAKING: https://placeengage.com

Open public consultations and community engagement, in association with the Public Consultation Institute of Ireland

  1. Beautiful – Sustainable – Together: Aligned with Aarhus Convention transparency and New European Bauhaus principles, PLACEengage empowers communities, planners, and developers across Ireland’s public and private sectors to collaborate more effectively — Learn more at www.PLACEengage.com PLACEengage: Better placemaking, together.
  • New location for Cork City Library to transform cultural quarter: Cork City Council announced last week that it had bought the Counting House complex on South Main St for €35m from JPDC Ltd, part of BAM https://www.echolive.ie/corknews/arid-41849670.html

Rural, Coastal & Islands

Rural road funding rises to €17.55 million under 2026 Local Improvement Scheme


CONSTRUCTION: https://breakingground.news 

Breaking Ground News: Appointments & Construction Careers

  • BGN Construction Careers, your weekly newsletter from Breaking Ground news, keeps you updated on the latest job opportunities, while showcasing the very best employer brands and projects, across Ireland’s construction industry. Whether you are looking for your next role or planning your career path, stay connected with us for new openings, upskilling opportunities and industry news. Get all the latest job details straight to your inbox: Sign up https://breakingground.news/sign-up-form/

CIF Safety Campaign 2026 Podcast 

 Join Wills Bros Group on the N5 Ballaghaderreen to Scramoge Road Project

On the latest Construction Industry Federation (CIF) Safety podcast, Sean Downey and John Egan meet members of Wills Bros Group on the N5 Ballaghaderreen to Scramoge Road Project.

This landmark €450m investment will deliver over 33km of new national primary route, addressing long-standing safety and alignment challenges while supporting regional connectivity and growth.

🎙️ Across this 4-part series, recorded on-site in Roscommon, host of the #CIFSafety26 podcast series, Sean Downey, chats to:

Parts 1: Gavin McGeever, Section Agent (Sections C & D)

Watch – https://youtu.be/hhcmaSqDvcg?si=UGfZyvRIOqmDtejL  

Part 2: Thomas Mains – Structures Agent & Temporary works Co-ordinator 

Watch – https://youtu.be/VPIHcKhkfjM  

Part 3: Joseph Carr, Section Agent (Sections A & B)

Watch –  https://youtu.be/UOSFrv5NHTw?si=lTKtJBihsZnMrNoH 

Part 4: Gavin McGeever takes us on-site across Sections C & D

Watch – https://youtu.be/3xjL97yrMt0 

🎧 Listen back to all episodes: https://open.spotify.com/show/2SQXVgyerkhnxh80jnEORZ?si=9b099f48aee04b7d 

With thanks to Keith Mayock, Gerry Mockler and the rest of the Wills Bros Group project team 🙏

*Produced by Laura Maye

Recorded on sites across Ireland — from a European HQ in Dublin’s Docklands, to the largest Capex energy project in the State — catch up  the entire 2025 & 2026 series: https://youtube.com/playlist?list=PL5hAEpymn6vnhCbgSqe6T8TJTfB9mvD6C&si=ity7U_ANvSSyc0bU

REAL ESTATE: www.irishrealestate.news

Residential 

*Searching for a new home or investment property in Ireland? Join the iProperty Radio FACEBOOK community of property buyers in Ireland 2026: https://www.facebook.com/groups/IrishPropertyBuyers/ 

Commercial 

iProperty Radio: Property Round-Up

Housing Insights: The Housing Agency Podcast

This practitioner-led series aims to deepen the public’s understanding of housing in Ireland and highlight the work of The Housing Agency.

Hosted by David Silke (Director of Insights & Operations) and Roslyn Molloy (Head of Policy, Practice & Communications), the podcast features insightful interviews with housing experts.

 

🎙️ Links to all episodes at https://ipropertyradio.com/housing-agency/

PROPTECH, CONSTRUCTION TECH & SMART CITIES: https://prop-tech.ie/

Proptech Ireland is updating the database of 2026 Irish technology providers for the built environment – sign up here: https://prop-tech.ie/register/  and email product or service details to hello@prop-tech.ie

  • Proptech Ireland: Ireland’s CONSTRUCTION and REAL ESTATE ESG technologies resource hub. Confused about how and where to start on your ESG journey? Contact us 👉https://prop-tech.ie

PODCAST: The Proptech Hot Seat on iPropertyRadio.com

Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders https://prop-tech.ie/ 

Produced by Katie Tallon, with Hear Me Roar Media on sound https://hearmeroarmedia.com 

All Proptech Hot Seat episodes –  https://ipropertyradio.com/proptech-hot-seat/ 


INFRASTRUCTURE, ENERGY, ENVIRONMENT & BIODIVERSITY

  • Approval has been given for the Water Supply Project Eastern and Midlands Region to proceed to the next stage under the Government’s Infrastructure Guidelines. This project involves the development of a new source of drinking water with the capacity to supply up to 50 per cent of Ireland’s population across the Eastern and Midlands region, including Meath. It will support housing and economic growth across the region in the decades to come. https://www.meathchronicle.ie/2026/05/21/green-light-for-major-water-supply-project-to-proceed-to-next-stage/

Separately:

INTERNATIONAL