McInerney shares fall as housing completions fall short of targets

TOUGHER credit conditions and falling consumer confidence resulted in a sharp dip in Irish housing completions for McInerney Properties, the group said in a trading update for last year.

As a result the group failed to deliver the number of completions indicated in September by the group.

Shares in McInerney were down 7 cents to €2.53 by mid afternoon, a fall of 3.58%.