Sinn Féin has called for immediate action following an EY-Euroconstruct report which states that 'fewer homes will be built this year than last year' in Ireland.

Analysis from the report indicates 32,000 new homes will be completed by the end of this year, which is 1,000 below the government's official target.

Sinn Féin spokesperson on Housing, Eoin Ó Broin TD, stated this figure is "significantly behind the government's own repeated claim that 40,000 new homes would be built this year."

The Dublin Mid-West TD also remarked that the report was 'further evidence' that the housing plan from Fianna Fáil and Fine Gael is failing and that the country's housing crisis will only get worse from the next government.

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Teachta Ó Broin said: "Of greater concern is the report’s estimate that housing output will only increase to 38,000 homes in 2025 and 40,000 in 2026. This is significantly below the Housing Commission's recommended targets designed to meet unmet and emerging demand.

"If the EY-Euroconstruct estimates are accurate, it means that unmet demand will continue to grow in the years ahead. Meanwhile, social and affordable housing output lags way behind housing need.

"The consequence of all of this will be rising house prices, rents and homelessness and the continued inadequate delivery of social and affordable homes."

He added: "That is why we need a radical reset in housing targets and policy, as recommended by the Housing Commission. Clearly that will not happen if Fianna Fáil and Fine Gael form the next government."