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Construction output has fallen after five consecutive months of growth, figures from the Office for National Statistics (ONS) reveal. Following a surge in
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to £14,994m. This is the
Construction lifted by 1.1% in January compared to the previous month driven by repair and maintenance work, according to the Office for National Statistics (ONS). It added that building activity is now at its highest level since September 2019. The ONS says construction output in January came “solely” from an
UK house prices increased by 10.8% on an annual basis in December 2021, government figures show. This takes the average property across the UK price up to £274,172. In England, the data adds, a 10.7% annual rise left the average house price at £293,339 and, in Wales, a 13% annual rise took the average house price to
November 2021 saw construction output rise by 3.5% in volume, which is the largest monthly increase since March 2021, new figures form the Office for National Statistics (ONS) show. New work was the only driver behind this, moving up by 5.7%, while repair and maintenance fell by 0.2%. The ONS report cites “anecdotal”