Category: Housing

Dun Laoghaire-Rathdown County Council Delivers 10 New Social Housing Units

Dun Laoghaire-Rathdown County Council

Image: An Cathaoirleach Councillor Ossian Smyth and Philomena Poole, Chief Executive, dlr. Dun Laoghaire-Rathdown County Council today (06 July) delivered a further 10 homes as part of its housing delivery target of 1,563 social housing homes by 2021. The homes were designed by the Council’s Architects’ Department and built by Manley Construction on a site […]

Share

Ireland Needs to Progress 45,000 Homes per Year to B3 Energy Rating

SEAI Deep Retrofit Conference Discusses Plans to Upgrade Ireland’s 1 Million Energy Inefficient Homes Over 200 building professionals, including architects, specifiers, builders, plumbers, engineers and researchers, gathered at SEAI’s second Annual Deep Retrofit Conference in the Aviva in Dublin. The conference brought together building energy efficiency experts from Ireland and Europe to discuss solutions to […]

Share

Glenveagh Properties seek stock market funding to build 2,000 homes

Glenveagh Properties

Glenveagh Properties, a new Irish housebuilder backed by US private equity firm Oaktree Capital, is seeking finance for housing development by raising funds on the Dublin and London stock markets. Glenveigh, which comprises properties accumulated by Oaktree Captial in Ireland as well as the assets of Maynooth builder Bridgedale, has approximately 1,700 shovel-ready units. It states […]

Share

Ulster Bank Construction PMI February 2017

Ulster Bank PMI February

Simon Barry, Chief Economist Ulster Bank, Ireland According to the Ulster Bank PMI February 2017, Rates of growth in total activity and new orders accelerated in the Irish construction sector, while job creation is at a near-record pace. Highlights from the February Ulster Bank Construction Purchasing Managers Index survey (PMI) include The Ulster Bank PMI […]

Share

The Housing Agency Report 2017

The Housing Agency

National Statement of Housing Supply & Demand and Outlook of 2017 – 2018. Key points New Builds Sufficient development land – Construction Growth – Progress in unfinished estate completions Sales Residential sales decline in 2016 – House price increases slower Rental Sector Rents rise across country – New rent highs in Dublin. Affordability problems in particular […]

Share

Sharp Increase in Irish construction employment rates

Ulster Bank Construction Purchasing Managers Index

Simon Barry, Ulster Bank Irish construction employment see highest jump since February as new work comes on stream   Near-term prospects for Irish construction firms continue to be underpinned by ongoing improvement in new business flows Irish construction firms continued to record strong growth of activity during November, supported by a further sharp increase in […]

Share

Statement from Construction Industry Federation on Central Bank mortgage review

Construction Industry Federation

Tom Parlon, CIF Director General Following the review of mortgage measures announced by the Central Bank today, CIF Director General, Tom Parlon, stated: “The CIF recognises that the Central Bank’s macro-prudential rules are part of a necessary regulatory framework within the Irish banking system. Today’s changes to the deposit rules may assist first-time buyers in […]

Share

Central Bank mortgage requirement changes are boost for Irish house building

Construction workplace fatalities

Key changes designed “to improve the sustainability and effectiveness of the current framework” The Ceiling on the loan to value (LTV) ratio for all first time buyers to be set at 90%, from the current 90% for loans up to €220,000 and 80% for the balance of loans above €220,000. This will enable first-time buyers […]

Share
Share