Building costs to continue rising throughout the year - Construction survey | Newstalk

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‘It is, unfortunately, a fact of life’ – Building costs inflation could add thousands to the cost of a new home and hundreds to the cost of renovations. CIF_Ireland on PatKennyNT PKNT

The construction industry is warning that building costs will continue to rise this year as the price of materials continues to increase.

“So, timber continues to be expensive, steel continues to be expensive, all the plastics and I think every builder in the country would have got a notice from his cement, block, sand and gravel supplier in the last couple weeks saying the price of those supplies is going to go up as well. More than eight in ten said the cost of labour had increased – with an expectation for ongoing increases this year.

Source: News Formal (newsformal.com)

 

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Why ,

CIF_Ireland PatKennyNT They let in vulture funds and they are now pushing up the price of houses out pricing the Irish if u buy youl lose it , they will sell all to the government and then there'll be another crash houses will drop like stones , future is scary for Ireland

CIF_Ireland PatKennyNT Hundreds? It’d be very minor renovations if that’s the case. Easily +50k added to build cost of a new home.

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