Housing
Housing targets ‘likely to be missed’ this year
Number of dwellings under construction in Dublin in February was a fifth lower than 18 months ago, financial services firm BNP Paribas says
Housing output is likely to fall in 2024, with the government’s 33,450 delivery target at risk, according to financial services firm BNP Paribas.
According to the company’s latest construction purchasing managers’ index (PMI), overall construction activity in Ireland dropped in February.
The seasonally-adjusted PMI for total activity was 47.4 in February, up from 45.9 in January and below the 50 mark denoting contraction rather than growth from the month before.
Although continuing to signal falling ...