Sales prices for Cairn Homes 'relatively flat' despite inflation adding to cost 

Michael Stanley, chief executive of Cairn Homes, said the company is on course to deliver between 1,750 and 1,800 new homes sales this year.

Pricing levels for new homes have stayed “relatively flat” for property developer Cairn Homes despite inflation expecting to add €10,000 to the cost of each unit this year, the company’s mid-year results has said.

In the first six months of the year, Cairn Homes said it closed 535 new home sales - including private sales and sales to the State - which generated revenue of €215m.