housing sector

Noonan hopes Budget will encourage young people to buy homes

Minister for Finance Michael Noonan expects a lot of young people will 'take the plunge' and buy a new home, now that Budget 2016 has been unveiled. Michael Noonan has said people have been waiting to see what moves would be made, and he is 'very…

Building industry suffers sharpest drop since last October

Building

Ireland’s building industry suffered its sharpest fall since last October, according to the latest figures from the Ulster Bank Construction Purchasing Managers’ Index. The Index shows that the gauge fell to 45.4 in April from 46.7 in March. Anything below 50 signifies a contraction in…

Minister O'Sullivan launches new journal for housing professionals

Industry News, Property News

A new journal for Irish housing professionals was launched earlier this week by Housing Minister Jan O’Sullivan TD and Robin Lawler, president of the Chartered Institute of Housing (CIH). Housing Ireland is a new CIH quarterly publication that aims to inform and influence housing in…

House building back to 1970 levels

Property News

Fewer houses were built last year than any other time over the past four decades, new statistics have revealed. The collapse in the housing sector is confirmed with Department of the Environment stats showing that just 10,480 homes were completed last year. This represents a…