FURTHER construction layoffs are inevitable as the Government’s capital spend is running 25% behind its budgeted plans for 2010, say quantity surveyors Davis Langdon PKS (DLPKS).

THE Government has been called on to act immediately to restore confidence in the construction sector to prevent a massive downturn.

A reduction in the number of houses being built during a six-month period could herald the peak of the housing market, it was claimed today.

UP TO 80,000 houses will be built in Ireland this year, with Dublin house prices set to rise by over €200 each day.

There is no slowdown expected in the supply of new homes this year.