Irish house building suffers 'sustained decline' in April

The survey also showed that input price inflation quickened
Escalating building products costs may be hitting housebuilders, a leading monthly survey suggests. Picture: Denis Minihane

Escalating building products costs may be hitting housebuilders, a leading monthly survey suggests. Picture: Denis Minihane

Housing output showed “a sustained decline” last month, in a sign that escalating building products costs may be hitting housebuilders, a leading monthly survey suggests.

The survey by BNP Paribas Real Estate Ireland showed that output expanded in the commercial part of construction, which includes offices and industrial buildings, and fell for civil engineering, but that output contracted sharply in residential housing.

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