Developers brave rising costs to progress building projects
The most recent figures from CIS show more than 50 residential builds under way, while the government has logged nearly 30,000 commencements in the past year
While the impact of rising construction costs on the supply of residential accommodation is causing concern among economists and commentators, some developers are persisting with their projects.
This is shown by recent figures from the Construction Information Services (CIS) monitor since the start of July which showed more than 50 residential projects at various stages of development around the country.
This trend is supported by the government’s latest commencement notices for 2,060 new homes in ...