Business Irish

Monday 29 May 2017

Building prices rise 2pc

ACCORDING to the latest tender price index from the Society of Chartered Surveyors Ireland, building prices increased by 2pc in the second half of 2011.

SCSI spokesman, Andrew Nugent said construction tender prices fell one third from their 2007 peak.

He also said contractors have begun to realise pricing work at below cost is unsustainable.

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