Jeremy Hunt’s first Budget as Chancellor contained little to support the housing industry.
Tag Archives: housing market
House prices rise in February as brick manufacturers enjoy soaring profits
Halifax have reported a slight growth in house prices during February. Meanwhile, Ibstock and Forterra post bumper profits.
Developers enter crisis mode as housing industry braces against uncertain future
Taylor Wimpey and Persimmon have both published gloomy outlooks for 2023 – but NHBC registrations hit their highest point since 2007.
Property transactions fall in January, but buyer demand improves
Rightmove have revealed a flat month for house price growth, but buyer demand is showing signs of improving.
Developers remain cautious in trading outlooks, as Maclean becomes sixth Housing Minister in a year
Bellway, Barratts and Redrow have all published trading updates this week, as Rachel Maclean replaces Luzy Frazer as Housing Minister.
UK standard launched for MMC, as Government inquiry into housing sector gets green light
DLUHC have commissioned the BSI to set standards for MMC, whilst the CMA state they are set to commence an inquiry into the UK housebuilding industry.
House prices increase slightly in January, as cautious optimism grows
Rightmove have reported a 0.9% increase in house prices in January. Meanwhile, the CITB have revealed how many new workers the industry needs to meet demand.
Developers take decisive steps in reacting to challenging housing market
Barratt, Taylor Wimpey and Persimmon post gloomy results and cost control measures in a week of trading updates.
Gove announces Levelling Up amendments as industry optimism slumps
Gove has scrapped housing targets amidst changes to the Levelling Up and Regeneration Bill.
Winter is here as house prices slump, mortgage approvals fall and planning applications drop
Nationwide and Zoopla both publish house price indices, as Bank of England statistics reveal a fall in mortgage approvals.
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