Top homebuilder calls housing market recovery

The chief executive of Ireland’s only stock market-quoted home builder has said a return to a normal Irish housing market is well in sight.

Abbey Plc, which has relaunched its Irish business, is preparing for a 25,000 home builds a year market.

“We were delivering 20,000 to 25,000 units a year before the boom and we will recover to that in the next few years,” Abbey Plc chief executive Charles Gallagher told *The ...