Building cost inflation still a challenge but some hope on the horizon
Uncertainty around build cost inflation is the primary concern across all property market sectors.
As if one needed further reminding of it, the latest bi-monthly property report from CBRE underlines once again the challenges of rising costs being faced by builders. These are most particularly being felt in the area of residential apartment blocks.
There is some significant Government action finally on the way to remedy this impasse in the form of the proposed grant to builders of €120,000 per unit.
