Monday 18 December 2017

Rebel county leads in house-building

Cork house-builders continue to plough ahead with a recovery in output while their colleagues in Dublin are in wind-down mode.

According to the latest figures from HomeBond, the number of house-building starts in Dublin in the first four months of this year amounted to only 79 -- or a sixth of the 493 homes started in Dublin in the first four months of 2009.

In contrast. as many as 183 house starts were signalled for Cork in the four months -- a 46pc increase on the record low during the same period of last year.

These figures are a far cry from the same period of 2008 when HomeBond signalled as many as 1,200 starts in Dublin but less than half that, or 514, in Cork. Now it looks as if the rebels have again turned the tables on their colleagues in the capital.

Kildare is the next strongest house-building county with 62 starts so far this year which is also up on the 54 in the first four months of 2009. However, it is still less than half the 126 starts recorded in the same period of 2008 -- which itself was below boom levels.

Irish Independent

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