Construction started at less than 30% of sites with planning permission in Dublin last year

Last month, consultants Mitchell McDermott said that construction costs of an apartment increased by 9.6% last year, with the total cost of delivering a two-bed apartment now in the region of €460,000. File picture: Larry Cummins

No construction activity has taken place at 70% of the sites granted planning permission in Dublin last year.

Despite planning permission being granted for tens of thousands of homes in Dublin, this had not “translated into construction activity” last year, according to a new report from a high-level Government taskforce.