Zoopla have reported a surge in buying demand, as house prices increase by 7.4% in the year. Meanwhile, further material price rises are announced by major manufacturers.
Tag Archives: construction
House prices end year at record high, as Miller Homes bought by Apollo
The latest house price index from Nationwide reveals that 2021 ended on a record high, as Miller Homes announce a purchase by Apollo.
Pandemic triggers huge reduction in skilled labour
The Construction Products Association have reported that 223,000 workers have left the industry over the past two years, worsening an already dire labour shortage.
House price growth continues, with materials facing an uncertain 2022
Nationwide and Zoopla release their latest house price index reports, whilst the CLC warn of material uncertainty in 2022 and the HBF call for a change in the planning system.
Lockdown affects housing completions, as New Homes Ombudsman revealed
The latest official statistics reveal a drop in housing completions in 2020/21, as lockdown takes its toll. Meanwhile, the New Homes Ombudsman partner is revealed.
Average house price rises, as affordable completions fall
The ONS have published their house price index for September, whilst DLUHC report a fall in affordable completions. Meanwhile the HSE targets mental health of construction workers.
Strong results from housebuilders, as labour levels ease and steel prices rise
This week saw several housebuilders publish strong results, but warn of increasing build costs. However, labour levels seem to be stabilising.
Construction output grows amidst ongoing industry challenges – with solutions offered
Data from IHS Markit and CIPS shows that construction output grew in October; but the industry continues to face multiple challenges.
New starts and completions fall in quarter, whilst Government provides housing boost
NHBC figures show that new housing starts and completions fall in the quarter, whilst the Government announces a £1.8bn fund for brownfield housing.
Timber reaches UK demand levels, as sales surge in September
The Timber Trade Federation announces that there is enough timber in the UK to meet demand – but builders should continue to expect transport problems.
Housing View 