Reports reveal thousands of construction companies facing insolvency due to a slump in the market, as annual house prices fall.
Tag Archives: house prices
Bellway and Barratt reveal gloomy market forecasts
Barratt and Bellway both publish gloomy trading updates this week, as house price growth in October falls to its lowest level since 2008.
Planning permissions fall to record low
The HBF have reported record falls in the number of planning permissions, as house prices fall in August and Barratt report weak reservation rates.
Up to 100,000 new homes unlocked as nutrient neutrality rules scrapped
The Government scraps nutrient neutrality rules which were blocking the delivery of thousands of new homes. Meanwhile, annual house prices fall in August at the highest rate since 2009.
Persimmon look to subcontractors to reduce costs
Persimmon publish a trading update in which it sets out plans to share cost pressures with the supply chain. Meanwhile, Bellway consult on closing two regions.
Housing output declines as economic uncertainty continues
Several reports document the ongoing decline in housing output, as Taylor Wimpey suffers a start drop in profit.
Save our businesses, SMEs tell Sunak
Almost 200 small and medium-sized developers call on Sunak to unblock housebuilding constraints, as house prices continue to fall.
Summer slowdown starts early as house prices remain flat in June
Rightmove reveals the first monthly fall in house prices this year, as Prince William suggests plans to build social housing on his estate.
Halifax reports first annual house price fall for over a decade
The latest house price index by mortgage lender Halifax reveals the first annual fall since 2012, as planning permissions also drop.
Skills shortage overtakes material costs as housing’s biggest challenge
A new report predicts that the skills shortage will soon become construction’s largest challenge, as house prices fall.
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