However, the macro-level figures hide other issues.
Firstly, there still isn’t enough construction occurring. The increase to 21,000 homes is welcome but is still behind demand for housing. This pent-up demand is demonstrated by the high levels of once-off housing being built around Cork and Galway.
While every new home is a positive thing at the individual level, at the societal level we are continuing to sprawl out further and further from our economic centres. This not only impacts quality of life but also has significant costs for the State in terms of how we deliver infrastructure and manage the environmental impact.