Oireachtas Joint and Select Committees

Tuesday, 8 July 2025

Committee on Budgetary Oversight

Engagement with the Central Bank of Ireland

2:00 am

Photo of Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats)
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I will ask a couple of questions to follow up on that in a minute. Deputy Devine referred to the Central Bank's housing completion forecast. The forecast was for 35,000 homes for this year, which has been revised to 32,000. Media coverage claims that the Department of housing has been advising the Minister that even the revised forecast might be excessive and he should be looking at a figure of about 30,000.

Do the officials from the Central Bank have any response to media reports on the commentary by the Department that the Central Bank's forecast of 32,000 homes may be too high?