Output surges as material prices level; housebuilders report strong results

Construction output surged in November, as material prices flatten for the first time since September 2020. Meanwhile, several housebuilders announce results to the City, with differing fortunes.

First-time buyer transactions hit a high, whilst SMEs reveal major barriers to housing delivery

HMRC figures reveal that first-time buyer transactions reach the highest level since 2002, amid ongoing challenges to housing completions in 2022.

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.