Construction and Housebuilding

Good outlook for Irish housing market ahead of Budget 2021

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties | Cairn Homes


Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Cairn Homes OUTPERFORM 26/08/15 N/A N/A 83.6c
Glenveagh Properties OUTPERFORM 10/11/17 N/A N/A 71.1c


Despite the impact of the pandemic, the Irish housing market has had a surprisingly robust summer. A lack of new supply is supporting pricing, while underlying demand appears to have rebounded, almost to pre-COVID levels. The Budget announcement next week (October 13th) is an opportunity for the government to drive a better trajectory of supply into the medium term, which would create a positive environment for the sector in the coming years.

Download full report with analyst certification and important disclosures

Oct 9 2020, 06:30 IST/BST