Extent of housing work slump laid bare in new figures
The latest UK Construction Monitor published by the Royal Institution of Chartered Surveyors (RICS) shows a dramatic fall in private housebuilding with
Source: architectsjournal.co.uk
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Planning approvals up 32% on last year
Contract awards are down, starts are down but planning approvals are up, according to Glenigan.
Source: theconstructionindex.co.uk
Project starts hit 10-year low
Construction starts have hit a 10-year low, according to fresh figures, as client confidence ebbs away amid the economic gloom. Data released by industry
Source: constructionnews.co.uk
New housebuilding starts tumble by 51%: Glenigan   – Mortgage Strategy
New private housebuilding plummeted by 51% compared to a year ago and are 39% below the three months to March, according to data from Glenigan, which says the industry is suffering a “protracted depression”. Across all building work – residential, non-residential and civil engineering – the value of underlying work
Source: mortgagestrategy.co.uk
Construction performance continues to falter in Q1: Glenigan – Mortgage Strategy
Performance in construction has continued to falter in the first quarter of this year, according to Glenigan’s latest construction index, amid price inflation, economic uncertainty, and ‘lukewarm’ investor appetite. Glenigan says this is evidenced by a 40% drop in starts compared to 2022 figures and a 22% decline
Source: mortgagestrategy.co.uk