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IHBA tackling Housing Sector challenges head on

The Irish Home Builders Association’s (IHBA) newly appointed Chairman ANTHONY NEVILLE outlines his priorities after taking office to CAROL TALLON and reaffirms the Association’s commitment to support house builders in navigating through industry changes. Anthony Neville is not a chairman removed from his members, he is a provincial house builder who happens to build in […]

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 […]

Help to Buy Scheme – 120 applications in first 12 hours

Home Building Finnace ireland

Help to Buy scheme gets off to a quick start with some 120 first time buyers submitting applications in first 12 hours of it opening, according to the Revenue Commissioners. The Government’s first time buyers Budget 2017 incentive came into legislation in the new year. First time buyers of new homes and first time self […]

Most new houses outside urban centres

Construction workplace fatalities

An ESRI report has found that demand for housing is greatest in Dublin, the Dublin commuter counties and other larger cities including Cork and Galway. However, the increase in housing completions recorded between the first quarter of 2013 and the last quarter of 2015 was concentrated outside of these regions. The disparity of pricing between […]

Strong demand mixed with challenges says developer

Woodbank at Shankill, County Dublin is currently being developed by Ravenshall Developments which is run by Matt Gallagher, Eoin Gallagher and Frank Gunning. The scheme consists of 40 houses and 18 apartments and duplexes – all fitted out to the highest specifications. Weather permitting they are looking at a late April launch. There is a […]

IHBA reject Minister’s comments

Home Building Finnace ireland

Reacting to Minister Kelly’s reference to developers lowering their expectations for massive profits, Hubert Fitzpatrick, Director of the Irish Homebuilders Association (IHBA) stated that housing developers want to build houses to meet the growing demand, but can only do so when it makes economic sense. The market price of many homes throughout the country is […]

CIF in Cork seeks urgent action on housing crisis

Construction Industry Federation

The CIF in Cork says that supply of housing in the city in no way matchs demand. According to CIF Regional Director, Conor O’Connell, statistics in the first 9 months of 2015 show that only 658 units commenced construction in Cork City & County. Of those 346 were one-off units which will not reach the market. […]

New measures will give significant boost to housing construction

Home Building Finnace ireland

Developers are set to receive a rebate if they build and sell affordable housing at below levels of €300,000 in Dublin and €250,000 in Cork, subject to certain conditions. According to the Government they will be eligible for a rebate of payment of local authority development levies on sale of the property but must demonstrate […]

New orders fuel construction growth

Construction workplace fatalities

A further sharp rise in new business was central to improvements in activity, employment and confidence at Irish construction firms in October. Companies also continued to increase their purchasing activity, while the rate of input cost inflation moderated for the second month in a row. The Ulster Bank Construction Purchasing Managers’ Index (PMI)– a seasonally adjusted […]