Printer Friendly

Planners 'pushing up prices'.

Byline: By REBECCA BLACK

FALLING workloads in the construction industry are causing house prices to rise sharply, it was claimed yesterday.

Estate agent Desmond Turley, a partner in Ulster Property Sales, blamed statutory agencies and planning services for the lack of sites available for construction.

He was commenting after a survey from the Royal Institute of Chartered Surveyors showed there was a fall-off in total activity within the industry, with public and private sector experiencing the sharpest declines.

Mr Turley claimed there was a year-long waiting list for planning permission.

He said: "There is still a lot of land available but the statutory bodies are holding things up."

House prices in Northern Ireland have seen a 44 per cent increase in the last year.

That made them the fastest growing of any region in the UK.

CAPTION(S):

HOUSES: Demand
COPYRIGHT 2007 MGN LTD
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Mirror (London, England)
Date:Jan 11, 2007
Words:140
Previous Article:Bishop elected Primate.
Next Article:OH, GOODY! CELEBRITY BIG BROTHER: DAY 7 Relief as Jackiey gets the big boot.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters