Rise in new orders and employment last month points to momentum in building activity, data suggests
John McCartney
Empty offices boost tenants’ bargaining power, BNP Paribas Real Estate report says as new buildings increase vacancy rates
Renewed increases in housing and commercial activity as rate of job creation reaches 13-month high
Around the Block: This year’s housing output could prove to be a deciding factor in next year’s much-anticipated general election
Index shows seventh successive month of contraction in activity and 12th month in 13 dating back to October 2022
Assets are being ‘mispriced’, says BNP Paribas, leading to ‘transactional logjam’
The best news, analysis and comment from The Irish Times business desk
December marked the sixth consecutive month of contraction in the broader construction sector
After a big recovery in the years after the financial crisis, there is renewed talk of haircuts and receiverships in the sector
Reliance on expensive private equity funding created problems as value of commercial property assets fell post-Covid
Employment continues to rise modestly with more firms optimistic about being busier in 12 months’ time
Latest BNP Paribas Real Estate Purchasing Managers’ Index (PMI) highlights first fall-off in new orders in six months
Easing of mortgage borrowing rules for first-time buyers and ongoing Government supports are underpinning prices, says MyHome.ie report
Arguing between 27,000 and 30,000 housing completions may seem like splitting hairs but it has important policy and political implications
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