housing market – Page 12

Russian invasion of Ukraine fuels construction cost increases

The crisis in Ukraine is having an impact on rising build costs, due to reports this week, as Vistry and Countryside post results.

Gove throws cold water on Government housing target

Housing Secretary Michael Gove casts doubt over the Government’s target of 300,000 homes a year by 2025, as construction output dips in April.

Halifax warn of housing market slowdown, as insolvencies rise

Halifax and Zoopla published their house price indices this week, as inflation causes a record number of construction companies to go out of business.

Slowdown in annual house price growth – but strong demand continues

Both Rightmove and Nationwide have revealed that annual house price growth slowed to the end of April – but strong buyer demand continues.

House prices rise by 10% in a year, as material and labour costs surge

The ONS published their latest house price index for February this week, whilst the CLC and other bodies warn of rising material and labour costs.

Proposed Building Safety Levy extension provokes backlash

This week saw angry back-and-forth correspondence between the Government, developers and product manufacturers, as the cladding remediation saga continues.

More developers sign up to cladding remediation pledge, as apprenticeship starts improve

More housing developers signed up to the Governments Building Safety Pledge this week, as apprenticeship starts show signs of improving.

Nutrient neutrality affects further local authorities, as tender forecasts increase

Developers in an additional 42 local authorities now required to meet nutrient neutrality obligations, as Mace release their tender price forecast.

Volume builders post booming profits as house price growth continues

Three volume housebuilders post strong results, as Nationwide and Zoopla both publish house price growth reports.

Buyer demand soars, but so do material costs

Zoopla have reported a surge in buying demand, as house prices increase by 7.4% in the year. Meanwhile, further material price rises are announced by major manufacturers.