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The International Construction Market Survey 2024 Report shows that Dublin is the fourth most expensive city in Europe to build

Dublin 4th most expensive European city to build - survey

Dublin is the fourth most expensive city in Europe to build, a new survey shows today, while it also makes it into the top 25 most expensive places to build globally.

Business • 19 Jun 24

Work on housing and commercial projects continued to increase in May

Increases in construction activity continued in May

Housing commencements remain on an upward trend, according to BNP Paribas Real Estate Ireland, with continued increases in construction activity across key residential segments.

Business • 10 Jun 24

The upturn follows weak official data in the final quarter of 2023

UK construction sector records fastest growth in 2 years

Britain's construction sector recorded its biggest rise in activity in two years last month, including the first rise in house-building since just after former Prime Minister Liz Truss' mini-budget, a survey showed today.

Business • 06 Jun 24

Residential production rose by 6.9% in the first quarter of 2024 compared to the same time last year, new CSO figures show

Annual construction output falls by 12.7% in Q1

New figures from the Central Statistics Office show that the volume of production in Building and Construction fell by 12.7% in the first quarter of this year compared to the same time last year.

Business • 30 May 24

Apartments increased to 11,600 units in 2023, up from over 9,100 in 2022, Deloitte's annual Crane Survey shows

Notable rise in residential commencements - Deloitte

The construction of new apartment schemes, and an increase in investor interest in the provision of student accommodation are among the key drivers of construction activity in Ireland.

Business • 13 May 24

The NCPC bulletin says that close attention has to be given to competing demands for labour across the construction sector

Housing market inhibiting competitiveness, council warns

The housing market is currently inhibiting the performance of Ireland's competitiveness, the National Competitiveness and Productivity Council (NCPC) is warning.

Business • 10 May 24

The Government is to extend the waiving of development levies

Waiver on development levies to be extended - Harris

Taoiseach Simon Harris said today there is capacity to build 60,000 homes a year and there is a need to continue the supply of new homes.

Business • 22 Apr 24

Residential projects registered the biggest increase since May 2022

Construction activity returned to growth in March

Construction activity rose in March for the first month since June of last year and at the most marked rate for nearly two years, new data shows.

Business • 15 Apr 24

The IPCA described as "laughable" the new tractor driver licensing requirements

Pause in changes to rules on tractor use in construction

The Road Safety Authority (RSA) has stalled plans to introduce new requirements for those driving tractors in construction settings, which plant contractors had warned could lead to thousands of redundancies.

Business • 07 Mar 24

The CSO said the volume of the residential building sector was up 3.1% in the fourth quarter

Quarterly construction production falls, CSO data shows

The volume of production in building and construction dropped by 0.7% between the third and fourth quarter this year, new data shows.

Business • 26 Feb 24

434 builders and 49 contractors were responsible for 110,000 commencement notices lodged over six years

Lack of scale in homebuilding remains major issue

Housebuilders Cairn Homes and Glenveagh accounted for 15% of housing output in the Irish market between 2019 and 2023 a new analysis has found.

Business • 21 Feb 24

Just over half of respondents acknowledged a year on year increase in what they charge

Labour and materials drive construction costs higher

Labour and raw material costs continue to drive pricing higher in the construction sector, new research has found.

Business • 12 Feb 24

Input costs rose strongly in the construction sector last month

Contraction in construction at lowest level since October

Construction activity contracted for the seventh consecutive month in January, but by the smallest amount since October.

Business • 12 Feb 24

'The construction sector across the country enjoyed a greater degree of stability and predictability last year'

AECOM predicts construction tender prices will rise 4%

AECOM expects the value of the construction industry in Ireland to be in the region of €32 billion this year, similar to last year.

Business • 18 Jan 24

BNPRE said the continued weakness in the residential sector was surprising

Construction activity falls for fifth month in a row

Construction activity fell in November, new data from BNP Paribas Real Estate Ireland has found.

Business • 11 Dec 23

The greater Dublin area, Galway and Cork are the most expensive regions for buying a new home, today's report from the SCSI shows (File pic)

€127k salary needed for average new 3-bed Dublin home

Buyers would need to have a combined minimum salary of €127,000 to buy an average new three-bed house in the greater Dublin area, while that figure for the northwest is €85,000, according to a new report from the Society of Chartered Surveyors Ireland (SCSI).

Business • 07 Dec 23

Ireland is the only country where housing growth is forecast to be strong next year, rising 7.9%

33,450 homes may be built here in 2024 - Euroconstruct

A new analysis has estimated that around 33,450 new homes could be completed here next year.

Business • 01 Dec 23

Quantity surveyors were among those heavily sought after

Big increase in demand for construction workers in 2023

The resurgence of construction here meant professional roles in that sector recorded the biggest increase in demand this year, new data shows.

Business • 30 Nov 23

Construction sector activity slows for fourth month

Activity in the construction sector in Ireland slowed further last month.

Business • 13 Nov 23

Firms may find WeWork's business model more attractive now than ever before

WeWork's woes come as the Irish office market stumbles

WeWork has hit the lowest ebb in its 13 year history - just at the time when the Irish office market needs its business model most, writes Adam Maguire.

Business • 13 Nov 23

Commercial activity continued to be a drag on the sector but there was optimism around the outlook for housing

Modest slowdown in September construction activity: PMI

Activity in the construction sector slowed again in September, according to the latest purchasing managers index from BNP Paribas Real Estate Ireland.

Business • 09 Oct 23

Commercial construction saw a significant slowdown in the month, with many firms reporting a pick-up in input cost inflation

Construction activity continued to slow in August - PMI

A slowdown in construction activity continued in August, according to the latest construction purchasing managers index from BNP Paribas Real Estate Ireland.

Business • 18 Sep 23

Construction management graduate Samantha Kelly said she has always felt welcome on the building site

Women encouraged to consider construction careers

The shortage of construction workers is one of the biggest challenges facing the building industry amid warnings that there is not enough skilled labour to meet the demand for housing.

Business • 07 Sep 23

The level of Residential Building fell by 2.3% in the second quarter of 2023, new CSO figures show today

Quarterly construction production down 3.3% in Q2 - CSO

New seasonally adjusted figures from the Central Statistics Office show that the volume of production in construction fell by 3.3% between the first quarter and second quarters of this year.

Business • 04 Sep 23

Talent crunch the top worry for construction firms

Access to skilled labour was the top worry of three quarters of construction firms here between April and June, new research has found.

Business • 30 Aug 23