Homebuilding sector sees output drop compared to second quarter

Separate data from the CSO on home completions show just under 9,000 homes were completed in the third quarter
Homebuilding sector sees output drop compared to second quarter

In the first nine months of this year, 21,643 new homes have been built according to the CSO, 3% fewer than in the same period last year. File photo: Yui Mok/PA

The volume of building and construction work in the third quarter rose by 4.5% compared to the same period last year, but housing construction output dropped compared to the second quarter.

New data from the Central Statistics Office (CSO) shows that homebuilding activity rose by 4.4% over the year while construction activity in the non-residential sector jumped by 5.7% with a 0.8% rise in the civil engineering sector.

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