Latest BNP Paribas Real Estate Ireland barometer indicates housing and commercial projects continued to increase in May
Construction activity as a whole remained steady last month but work on housing projects increased in a positive sign for the Government’s housing targets, according to the latest BNP Paribas Real Estate Ireland index for the sector.
The acceleration in housing and commercial activity was linked to an uptick in new orders, the third in as many months. “The former is no surprise – even looking through disruption which may have been caused by the development contributions waiver deadline in April, housing commencements have been on a sustained upward trend since October 2022,” he said.
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