The Society of Chartered Surveyors says surging prices of concrete, steel and timber are driving up costs
Inflation in the price of construction is now running at 8.3% -- close to the record levels seen during the Celtic Tiger.
That's according to the Society of Chartered Surveyors, which says hold-ups in international shipping have led to "exceptional" increases in the price of materials.
The society's vice-president Kevin James says the consensus among industry professionals is that the cost of materials will ease next year.
But he says rising labour costs won't be going away soon.
Kevin James says strong post-pandemic demand has fueled competition for a limited supply of building materials
:

Kfm Obituary Notices
Government Approves New Support Package For Survivors Of Institutional Abuse
Retrofit Grants For Windows And Doors Will No Longer Require Full Home Upgrade
Soldiers Join Emergency Workers In Call For Fairer Pension Access
Kildare Cabinet Ministers Jetting To San Francisco And Australia For St Patrick’s Day
Minister Warns Students To Re-Evaluate US J1 Plans Amid Unrest In US
Shots Fired At Newbridge Home As Gardaí Rush To Housing Estate
Home-Grown Talent To Take Centre Stage As Spirit Of Brigid Festival Starts Tomorrow