Tom Parlon Archives - MyHome.ie Advice & Blog

Housing commencements for 2017 expected to surpass 15,000 mark for first time since 2008

The number of new house commencements in Ireland is expected to surpass 15,000 this year for the first time since 2008. That’s according to analaysis from the Construction Industry Federation (CIF). Using commencement data from the Building Control Authority, the federation’s study showed that 14,917 new…

General

Rent payments: Should they be calculated when applying for a mortgage?

Blog, General, Home, Market News, Mortgages & Money, Property News, The First Time Buyer, The Renter

Anyone looking to buy a home at present will be all to aware how difficult it is. Firstly, there’s the task of finding something suitable to your needs – something that is not always easy given the fact that demand still far exceeds supply. That’s…

Building

Over €15 billion to be spent on building projects in 2016

Blog, Building, General, Home, Property News

Some €15.6 billion worth of construction projects are in the pipeline in Ireland for this year, according to a report by Construction Information Services, a specialist provider of data on the sector. This is up from €11 billion in 2015, and involves 633 projects that will…

Building

New Central Bank rules will slow pace of house building, insists CIF

Blog, Building, Mortgages & Money, Property News

The Central Bank's new mortgage rules will slow down the recovery in housing supply and have a strong impact on the building of new homes in urban areas. That's according to the Construction Industry Federation (CIF), who also said that the measures will have a…

CIF hits out at Fitch report on house prices

General, Home, Industry News, Mortgages & Money, Property News

The Construction Industry Federation (CIF) has called on Fitch rating agency to look at how they compile their residential property briefings for Ireland in future after they predicted that Irish prices could fall another 20% earlier this week. The Federation said that compiling a macro…

Over three quarters of construction firms say they are losing out to the black economy

Building, General, Home, Property News

76% of construction companies say they have come across black economy operations in the last three months. That is just one of the findings in a new survey from the Construction Industry Federation (CIF). 52% of construction companies believe they have lost more than five jobs…

IDA predicts the creation of 1,500 building jobs through foreign direct investment

Building

IDA Ireland said the recent strong flow of foreign direct investment projects will deliver a significant boost for the construction industry. Ten recent investments will have a combined total requirement of over 1.5 million square feet, predominantly for manufacturing. The IDA estimates this will lead…

Construction boss Parlon hits out at cutback in Public Capital Programme

General, Mortgages & Money

The construction employers' body, CIF, has welcomed a number of construction related measures in the Budget but has expressed disappointment at the absence of any initiative to help counter the loss of €2 billion to the Exchequer per annum through the growing black economy…