John Ring, Director of Research at Savills Ireland and author of the report commented:

“We very much welcome this announcement from the Minister and appreciate his acknowledgement of the issues raised in our report. As the Minister rightly mentioned, there has been significant population growth as revealed in the most recent census which highlights the need for more zoned land, not less.

Moreover, as part of the review, we also encourage the Minister to address the lack of flexibility and timelines around delivery. For example, under current the current plan, four out of every five sites must be developed within a development plan period to meet housing targets. At a time of rising construction costs, labour costs and borrowing costs, this is simply unrealistic.”

Mr Ring concluded:

“We look forward to the publication of the review of the National Planning Framework and hope that any barriers to development in the document are removed to ensure Ireland’s house needs are delivered.”

Read the Savills Residential Land Supply Study here