New HAI research reveals the true potential of Empty Homes

New research by Hardware Association Ireland (HAI) shows that using long term vacant and derelict homes is becoming the most common way to increase the supply of homes in 11 counties across Ireland.

There are now 8,000+ applications for grants for rejuvenating Empty Homes, 4,500 of which have been approved.

This is a very important market for our members and HAI will continue to push for better incentives to ensure that it reaches its potential.

If all applications are processed in 2024, and the work is completed, then in 2024:

  • Rejuvenated Empty Homes will be the predominant form of new home in 11 counties in 2024.
    And
  • Rejuvenated Empty Homes will be the predominant source of new home income to merchants in seven counties in 2024.

For access to the full report please email martin@hardwareassociation.ie