The price of a new three bedroom semi detached house could r

The price of a new three bedroom semi detached house could rise by up to €15,000


This is because of the lack of availability and the rising price of building materials
That's according to the Irish Home Builders Association who say they are extremely concerned about cost increases in the sector in the past few months. 
It's led to fears less houses will be built this year as the increases impact mortgage approvals and profits for developers. 
The IHBA say the use of judicial reviews to stop the felling of timber and the continued closure of saw mills are also major concerns.
Speaking to RedFM News, Conor O'Connell for the Cork office of the Construction Industry Federation outlines how much building materials have increased by

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