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Planners 'pushing up prices'.


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.


HOUSES: Demand
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Publication:The Mirror (London, England)
Date:Jan 11, 2007
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