Construction sector continues recovery as activity rises, but housing output remains slow

Total activity moved above the neutral 50 threshold for the first time since September 2022, rising to 50.4 in June from 49.4 in May.

Housing output remained sluggish in June while the overall construction sector recorded an increase in activity for the first time in nine months, according to a leading monthly survey.

The latest survey by BNP Paribas Real Estate Ireland indicated that viability issues, particularly for apartments, are holding back Ireland’s residential market amid a housing crisis.