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How everything is different for today’s first-time buyers

You might be someone in your late 20s, 30s or 40s who’s still living with parents, wondering how they managed to get a secure home and you can’t. You might

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Cabinet to discuss approval of O’Devaney Gardens redevelopment

CABINET WILL TODAY discuss the approval of the development of 1,047 apartments and houses at the O’Devaney Gardens site in Dublin, with construction starting in the second quarter of this

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New Dublin development plan set to restrict the construction of Build to Rent apartments

THE NEW DUBLIN City Development plan is set to restrict the construction of new Build to Rent (BTR) developments in the city as part of efforts to push new apartments

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Property group clashes with council over Dundrum residential development

The owners of Dundrum Town Centre have clashed with Dún Laoghaire-Rathdown council over demands for more large apartments as they advance fast-track plans for a major residential development in the

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Residential property deals up almost 19% last year

The number of residential property transactions increased by almost 19% to 44,110 in the 12 months to October 2021, according to the latest Residential Buildings Report published by GeoDirectory and

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Inflation in building costs to continue – survey

More than four out of every five builders across the country expect the prices they charge for projects will rise in the first three months of the year when compared

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Plans for development of O’Connell Street and Moore Street get green light

Some of the first plans in the €500 million redevelopment of Dublin city’s most prominent site, the 5.5-acre plot stretching from O’Connell Street to Moore Street, have been approved by

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House prices forecast to rise by 5% as supply struggles to meet demand

Property prices are expected to rise by about 5 per cent this year as supply shortages, pent-up demand and pandemic savings continue to drive activity, according to a survey of

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Legislation aimed at keeping ‘cowboy’ builders out of industry published

Legislation aimed at keeping so-called “cowboy” builders out of the industry has been published by the Government. The Regulation of Providers of Building Works Bill 2021 requires builders to sign

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Government seeks €200m loan from EIB to build, extend and refurbish schools

    Government seeks €200m loan from EIB to build, extend and refurbish schools

The Government has sought a €200m loan from the European Investment Bank to fund construction, extension or refurbishment of 30 schools, including facilities for children with special educational needs. The

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Record low of 11,300 homes listed for sale as prospective buyers face increasing prices

    Record low of 11,300 homes listed for sale as prospective buyers face increasing prices

Prospective homebuyers face further difficulties in the housing market with increasing prices and record low supply. According to the latest MyHome.ie / Davy Q4 2021 Property Price Report, the annual

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Housebuilder Glenveagh says industry facing ‘extraordinary’ period of rising costs

    Housebuilder Glenveagh says industry facing ‘extraordinary’ period of rising costs

Glenveagh said it generated total revenue in 2021 of €476m, up from €232m in the previous year which was most heavily disrupted by building site closures due to Covid. Housebuilder

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Devil in detail of redress scheme for mica homeowners

    Devil in detail of redress scheme for mica homeowners

Square-foot caps on rebuilding costs will still leave many property owners out of pocket Homeowners caught up in the mica scandal said the devil would be in the detail of

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Mica redress scheme finalised after intense talks on increased rates

    Mica redress scheme finalised after intense talks on increased rates

Darragh O’Brien to bring memo to Cabinet on revised scheme for rebuilds in Donegal and Mayo The Government finalised a redress scheme late last night for thousands of families in Donegal and Mayo affected

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O’Flynn seeks to build 275 homes on Cork’s northside

    O’Flynn seeks to build 275 homes on Cork’s northside

Plans have been submitted for a strategic housing development on the north side of Cork City. O’Flynn Construction wants to build 275 residential units off the Ballyhooly Road in Ballyvolane.

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First-time buyers squeezed out by high prices, lack of stock and competition

    First-time buyers squeezed out by high prices, lack of stock and competition

First-time buyers (FTBs) are being squeezed out of the market for new homes, with cash-rich purchasers and cuckoo funds snapping up half the available stock. New figures from the Banking

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Mica redress: ‘We just want our lives and our homes back’

    Mica redress: ‘We just want our lives and our homes back’

Donegal family, whose house must be demolished, ready for second Dublin protest In Quigley’s Point in Co Donegal, the Noone family has the placards ready. “I’ve already phoned the three children’s schools and

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Investment in Irish property soars to €3.5bn so far in 2021 – Savills

    Investment in Irish property soars to €3.5bn so far in 2021 – Savills

Almost €800m was invested in the Irish property market in the third quarter of this year, which is 25% higher than a typical third quarter, according to the latest data

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‘No justification’ for building workers to remain on PUP, says industry chief

    ‘No justification’ for building workers to remain on PUP, says industry chief

Construction industry head, Tom Parlon, has criticised building workers still claiming the pandemic unemployment payment (PUP), saying there is no justification for being out of work. Mr Parlon, director general

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Students want accommodation shortages declared an ‘emergency’

    Students want accommodation shortages declared an ‘emergency’

DCU criticises Government plans as student housing construction deemed ‘uneconomic’ The Government must declare shortages of student housing and high rents an emergency as students consider deferring or dropping out

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Govt debt could end up on ‘unsustainable path’ – IFAC

    Govt debt could end up on ‘unsustainable path’ – IFAC

The Irish Fiscal Advisory Council has said the economy is recovering ‘swiftly’ but government spending plans for the upcoming Budget are “at the limit of what is prudent”. In its pre-Budget

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Consumer confidence rises but business sentiment slips – Bank of Ireland

    Consumer confidence rises but business sentiment slips – Bank of Ireland

Bank of Ireland’s latest Economic Pulse shows that consumer confidence rose in August but business sentiment slipped. Bank of Ireland said the Consumer Pulse was in catch-up mode and moved

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Developer bids to swap hotel already under construction in Dublin for build-to-rent

    Developer bids to swap hotel already under construction in Dublin for build-to-rent

A Strategic Housing Development (SHD) scheme of 227 build-to-rent apartments up to 12 storeys tall is being sought for a site on Upper Abbey Street in Dublin, in place of a

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Construction begins on €139m wastewater treatment plant in Arklow

    Construction begins on €139m wastewater treatment plant in Arklow

Raw sewage discharges to be eliminated into river Avoca in Co Wicklow. Construction on a €139-million wastewater treatment plant for Arklow,

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Fixing Celtic Tiger-era building issues ‘to cost at least €365 million’

    Fixing Celtic Tiger-era building issues ‘to cost at least €365 million’

The first submissions to the Government’s working group on defective homes indicate that the cost of remedying Celtic Tiger-era building

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Grafton Group sees strong trading in first half as Covid restrictions ease

    Grafton Group sees strong trading in first half as Covid restrictions ease

Building materials group Grafton said group revenue rose by close to 50% in the first half of the year as it experienced

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Developer appoints contractor JJ Rhatigan for 2,000-home pipeline

    Developer appoints contractor JJ Rhatigan for 2,000-home pipeline

Singapore-backed Strawberry Star agrees long-term partnership following first-phase of ‘LU2ON’ development Singapore-backed property developer Strawberry Star Group has agreed a £500m

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Softer Rise in Construction Activity Amid Storm Disruption

    Softer Rise in Construction Activity Amid Storm Disruption

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted

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Offsite & Modular Construction 2020 – Titanic Exhibition Centre, Belfast – 27th February 2020

    Offsite & Modular Construction 2020 – Titanic Exhibition Centre, Belfast – 27th February 2020

There are many advantages to Offsite Construction (OSC), whereby the planning, design, fabrication and assembly of building components, elements and

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Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

    Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted

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CIF Proposes Actions For the Next Government

    CIF Proposes Actions For the Next Government

Any future Government will require a thriving and dynamic construction industry to deliver any promises made during the election, according

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Surveyors Say Residential Property Prices Will Increase by 2% This Year With Rents Predicted to Rise by 5%

    Surveyors Say Residential Property Prices Will Increase by 2% This Year With Rents Predicted to Rise by 5%

A period of high price inflation appears to be drawing to a close and the property market looks set for

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Initiative Ireland to Expand Operations in Ireland and the UK

    Initiative Ireland to Expand Operations in Ireland and the UK

Initiative Ireland, the property finance and impact investment specialist, has announced that it plans to expand operations to fund the

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Home Ownership Critical to Wealth But Generation Losing Out

    Home Ownership Critical to Wealth But Generation Losing Out

Commenting on the latest CSO Household Finance and Consumption Survey, Brokers Ireland said while the survey underpins the importance of

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SHD Planning Permission Granted For 426 New Homes at Farrankelly, Delgany, County Wicklow

    SHD Planning Permission Granted For 426 New Homes at Farrankelly, Delgany, County Wicklow

Cairn Homes is continuing its busy start to 2020 with news that full planning permission has been granted by An

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Construction Activity Returns to Growth in December

    Construction Activity Returns to Growth in December

The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – posted

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Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

    Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

Uncertainty stemming from global events will be the key aspect of the Irish property investment market in 2020, according to

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New Irish Start-up Uses Virtual Reality Tech to Design Customised Homes

    New Irish Start-up Uses Virtual Reality Tech to Design Customised Homes

Ireland generates millions of tonnes of building waste each year – VR Technology could actively reduce this. “Eliminating physical errors at

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Planning Application Submitted For Waterford North Quays Development

    Planning Application Submitted For Waterford North Quays Development

Falcon Real Estate Development Ireland has submitted its application for Planning Permission to Waterford City & County Council for the

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34,000 New Dwellings Required Each Year Until 2030

    34,000 New Dwellings Required Each Year Until 2030

Assuming unchanged household formation patterns and net inward migration close to current levels, around 34,000 new dwellings would be required

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Bennett Construction Wins at Irish Building and Design Awards With City Quay Project

    Bennett Construction Wins at Irish Building and Design Awards With City Quay Project

The 13-18 City Quay office development in Dublin by Bennett Construction has won the Award for the Commercial/Office Building Project

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Irish Construction Activity Declines at Softer Pace

    Irish Construction Activity Declines at Softer Pace

At 48.2 in November, up from 46.2 in October the Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally

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Equity Fund Raises €50 Million to Deliver 2,000 New Homes

    Equity Fund Raises €50 Million to Deliver 2,000 New Homes

Pearl Property Managers Ltd has launched a new €50 million Residential Equity Fund which will provide equity investment for residential

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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell

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Planning Application Lodged For Major Cork City Centre Residential Development

    Planning Application Lodged For Major Cork City Centre Residential Development

JCD Group has formally lodged its planning application with An Bord Pleanála to construct a large-scale residential ‘build to rent’

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Dramatic Changes For First-time House Buyers Not a Good Trend

    Dramatic Changes For First-time House Buyers Not a Good Trend

The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs),

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Northern Ireland Construction Market Faces Cold Front

    Northern Ireland Construction Market Faces Cold Front

Political instability caused by a lack of a local Executive and Brexit uncertainty pose the greatest challenge to contractors in

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Quintain Launches Irish Subsidiary to Develop More Than 9,000 Homes

    Quintain Launches Irish Subsidiary to Develop More Than 9,000 Homes

Quintain, the London-based developer, has established a subsidiary in Ireland with plans to develop more than 9,000 new homes and

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€800,000 Investment and 50% Increase in Capacity by Capinpac

    €800,000 Investment and 50% Increase in Capacity by Capinpac

Modular building designer and manufacturer, Cabinpac, has marked forty years in business with an €800,000 investment in a 20,000 sq ft

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First Decline in Construction Activity Since August 2013

    First Decline in Construction Activity Since August 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell

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Irish Planning Institute Appoints Four New Fellows

    Irish Planning Institute Appoints Four New Fellows

The Irish Planning Institute (IPI), the all-island body for professional planners engaged in physical, spatial and environmental planning in Ireland,

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Top Irish construction Executives Offer Sustainable Solutions to Government For Post-Brexit

    Top Irish construction Executives Offer Sustainable Solutions to Government For Post-Brexit

As part of Guaranteed Irish Construction Month this year, Guaranteed Irish held a roundtable discussion on ‘Planning for a sustainable

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64% of Construction Companies Believe They Have an Inclusive Culture

    64% of Construction Companies Believe They Have an Inclusive Culture

The CIF is encouraging construction companies to sign up to a Diversity and Inclusion pledge launched recently by its President

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Townmore Opens New Office in County Cork

    Townmore Opens New Office in County Cork

Headquartered in Offaly, with offices in Dublin and London, Irish-owned construction company Townmore has opened a new office in Mallow,

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Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

    Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

The continuation of the Help-to-Buy Scheme in the 2020 Budget has been welcomed by Property Industry Ireland, Brokers Ireland, EY

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Extraspace Solutions Rebrands to ESS Modular

    Extraspace Solutions Rebrands to ESS Modular

Extraspace Solutions, a leading modular construction company in the UK and Ireland, has announced a rebrand to ESS Modular after

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Solid Rise in Construction Activity, But New Order Growth Slows to Four-and-a-half Year Low

    Solid Rise in Construction Activity, But New Order Growth Slows to Four-and-a-half Year Low

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – rose

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Local Government Procurement Opportunities is Focus of Free Supplier Engagement Event

    Local Government Procurement Opportunities is Focus of Free Supplier Engagement Event

Fingal County Council is one of eight local authorities from Greater Dublin and surrounding areas supporting a Supplier Engagement event

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