Property investors predicted to be ‘cautious’ despite construction inflation easing

Building tender prices have surged by 26 per cent over the last two years

Surveyors said investment plans in the commercial sector have been impacted by funding challenges. Picture: Getty

Investors are likely to be cautious in the short term despite a slowdown in construction cost inflation, a new report has found.

Commercial construction tender prices increased by 4 per cent in the second half of 2022, down from 7.5 per cent in the first half of the year, according to a new report by the Society of Chartered Surveyors Ireland (SCSI).

The organisation said that the annual rate of inflation from January 2022 to ...