Barratt and Bellway both publish gloomy trading updates this week, as house price growth in October falls to its lowest level since 2008.
Tag Archives: housebuilding
Labour government to reform housebuilding, says Starmer
Sir Kier Starmer pledges to unlock housebuilding at the Labour Party Conference this week. Meanwhile, material merchants see profits hit by poor market demand.
UK planning system under scrutiny as multiple reports published
Several firms issue reports on the broken planning system, voicing suggestions for improvements and highlighting the root causes of ongoing challenges.
Race and housing: have we made any progress in forty years?
In 1983, Tom Murtha wrote a report exposing the housing association sector for its lack of diversity. Forty years on, he asks: has anything changed?
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.
CMA launches study into housing industry
The Competition and Markets Authority announces that it will continue its investigation into the industry, as house prices fall more than usual in August.
Annual house price inflation slows – but it’s not all bad news
The ONS publishes its house price index for June 2023, as Glenigan finds a “glimmer of hope” for housebuilding in its latest Construction Review.
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.
Sales chains – and why it doesn’t matter if all we build is ‘executive homes’
Do those who object to ‘executive homes’ fully understand what the term really means? In this guest post Anna Clarke, of the Housing Forum, explores our possible misconceptions.
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.