‘People are forecasting that house prices will fall. I don’t disagree.’

Top builder finds housing market to be strongest in Dublin and north Wicklow

Charles Gallagher, chief executive of Abbey PLC Picture: Maura Hickey

The chief executive of one of the biggest housebuilders in Ireland and Britain has said the property market would take several more years to recover and said he believed banks were still not making it easy for buyers to get mortgages.

Charles Gallagher, executive chairman of Dublin-listed builder Abbey, said although sales in south Dublin and Wicklow were strong, the company’s building sites in Kildare and Laois were on hold because there had ...