Builders say Dublin’s high construction costs will push up the cost of a typical home by as much as €15,000 this year.
It comes after a new survey shows Dublin is the third most expensive city in Europe for building.
Building costs at Dublin construction sites like this one are more expensive than almost anywhere else in Europe including cities like Paris and Berlin.
James Benson from the Irish Home Builders Association says this rise in construction expenses further inflates house prices.
More efficiency among builders and streamlining planning have both been put forward as potential ways of offsetting the price rise.