Homebuilding levels down 10% in year to June - CSO

Commercial property output declined by 4 per cent in the same period

Production levels in residential building sector were down 2.3 per cent quarter-on-quarter, and dropped by 10.3 per cent in the year. Picture: Bloomberg

Construction activity declined in the second quarter of the year, with production in the housing sector down more than 10 per cent since 2022.

New data released by the Central Statistics Office (CSO) has shown that the volume of production in construction sector overall declined by 3.3 per cent between the first quarter and second quarters of 2023.

On a yearly basis, production volumes were down by 2.1 per cent between April and June of ...