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Construction slowdown from rising costs would be disastrous for housing

Richard Curran


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Government is pinning much of its electoral fate on getting housing supply to a point where it moderates house price growth. FILE IMAGE

Government is pinning much of its electoral fate on getting housing supply to a point where it moderates house price growth. FILE IMAGE

Government is pinning much of its electoral fate on getting housing supply to a point where it moderates house price growth. FILE IMAGE

If you want to know what is likely to happen in the housing market, you only have to listen to the people who are affected by it.

Three of the ‘most read’ stories from the business section of Independent.ie on Tuesday tell their own story. Number one in the afternoon was the latest house price figures from the CSO which showed that prices rose by 14.4pc in the year to May. This was almost identical to the 14.5pc increase in the year to April, which dashed hopes many had that house price growth was showing signs of slowing down.


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