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
:

Two Men Charged In Connection With €4 Million Cocaine Seizure In Kildare And Wexford
Court Dismisses Bid To Block Super Junior Ministers From Cabinet Meetings
Driving Testers At RSA Balloted For Industrial Action Over Concerns About Uninsured Vehicles
Homes Undelivered After Substantial Deposits Paid, Kildare Council Warns Of Potential Unauthorised Works
Over 1,000 E-Scooter Fines Issued As Kildare TD Calls For Tougher Penalties After Child Injured
Court Told Man Accused Of Knife Attack On Children Outside Dublin School Unfit To Stand Trial
Celbridge "Affordable" Homes Come With Council Equity Stakes
Lucan Woman Pleads Guilty To Sending Threatening Messages To Tanaiste