Cairn Home's revenue soars as demand for housing grows

Cairn Home's interim results show apartments are now more expensive to buy than houses.

Cairn Homes posted revenue of over €240m for the first half of the year, an 84% increase on the same period last year. Operating profit for the firm also jumped to €36m.

The demand for housing has boosted business for Cairn Homes as it posted its “strongest” half year earnings to date.

Ireland’s largest housebuilder Cairn posted revenue of over €240m for the first half of the year, an 84% increase on the same period last year. Operating profit for the firm also jumped to €36m.