Cairn Homes plans to deliver largest number of new homes this year

Average cost to build a new home jumped €20,000 last year

Michael Stanley, Chief Executive Officer of Cairn Homes.

The cost of building a new home has risen by €35,000 in the past two years one of Ireland's biggest builders Cairn Homes has said.

Publishing a trading update for last year, the company said it sold 1,526 new homes last year bringing in revenues of €610m for a €100m operating profit.