CIF calls for house price register to ‘prevent damage to economy’

CONSTRUCTION chiefs said house prices are now down 50% and have called for a register of house prices.

Following the switching of the ESRI/Permanent TSB house price index from monthly to quarterly the Construction Industry Federation (CIF) said the economy could be damaged unless a register is established.

CIF director general Tom Parlon said until the housing information deficit is addressed Ireland’s economic recovery could be delayed.