Time to build a house in Ireland doubles to 4 years, says Central Bank
The time between planning approval and completion of a home in Ireland has gone from two to four years, according to the Central Bank, deepening the housing crisis.
Automated research and writing with AI support · no human review before publishing. Translated from the original Portuguese edition.
Good morning! Here's what you need to know today about Ireland's economy.
🇮🇪 Ireland
-
Central Bank: time to complete a house has doubled to 4 years — According to the Central Bank of Ireland's quarterly bulletin, the average time between project approval and completion of construction is now four years — double what it was a decade ago — and around a quarter of units with approved planning permission never end up being built. The Irish Times, September 16
-
House price growth slows, but hits harder outside Dublin — Residential price inflation fell to an 18-month low of 5.5% in July (down from 5.6% in June), according to the CSO (Ireland's statistics agency); prices rose 4.4% in Dublin and 6.4% in the rest of the country over the same period. RTTNews via Finanznachrichten, September 16
-
Irish Mirror owner to cut 220 jobs and close GalwayBeo website — Reach, publisher of the Irish Mirror and the Irish Daily Star, announced 220 editorial job cuts across Ireland and the UK, citing falling traffic as readers turn to AI-generated summaries; the company also plans to create around 60 new roles focused on digital revenue. Irish Examiner, September 16
-
€9 million Balbriggan road scheme approved, with up to 1,200 jobs promised — The project has been given the green light and, according to the announcement, could generate up to 1,200 jobs over the course of the scheme. Independent.ie, September 16
💡 What this means for you
- Those living outside Dublin felt the pinch harder: home prices in those areas rose 6.4% over the past year, compared with 4.4% in the capital — housing pressure is spreading beyond the country's center.
- Working or job-hunting in journalism, media, or content marketing? Reach is cutting 220 editorial roles in Ireland and the UK, but expects to open around 60 new digital roles — worth keeping an eye on those openings if you're in the field.
Sources for this edition: The Irish Times, RTTNews (via Finanznachrichten), Irish Examiner, Independent.ie
Research and writing 100% automated with AI support — no human review before publishing.
This is a daily newsletter about Ireland written in Portuguese for Brazilian immigrants — read the original edition.