Market Talk with Ian Guider

Ireland has been badly served by the construction industry. Perhaps it’s time to move to a more sustainable pool of housebuilders

Conor O’Kelly, chief executive of the NTMA Pic ;Chris Bellew/Fennell

Perhaps it was due to the PR blitz around the government’s summer economic statement, or maybe we’ve just become immune to the numbers, but the surge in house prices in May went largely unreported last week.

Over the last year, the average price of a house across the country has shot up by 12 per cent. And in case you thought it was a Dublin phenomenon, prices outside the capital are rising at ...