Bellway, Barratts and Redrow have all published trading updates this week, as Rachel Maclean replaces Luzy Frazer as Housing Minister.
Tag Archives: housing market
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.
Housing industry reacts to Autumn Statement as market slowdown continues
Jeremy Hunt delivers his first Autumn Statement as Chancellor – but has he announced any measures to support the UK housing industry?
Developers report falling sales rates, as industry braces for difficult year ahead
Taylor Wimpey and Persimmon both report a rise in cancellations and slowing sales rates, as house prices continue to fall.
Annual house price growth drops, with market correction expected in 2023
Nationwide have reported a sharp drop in annual house prices in October, as several industry research firms forecast tough times ahead.
Gove returns to “finish the job” as Sunak becomes Prime Minister
Michael Gove returns as Secretary of State for DLUHC in Rishi Sunak’s newly-appointed cabinet, as the housing market continues to face difficult times.