The Office for National Statistics and Rightmove published their house price indices this week, as Liz Truss states that she will scrap current Government housebuilding targets.
Office for National Statistics figures have revealed a surge in housebuilding output in May, whilst Greg Clark defies calls for a U-turn on the Building Safety Levy.
House price indices from Nationwide and Zoopla reveal a slowdown in annual growth, whilst the CLC publishes its latest product availability statement.
Rightmove and ONS published their house price indices this week, warning of imminent slowdowns in the UK housing market.
Michael Gove has stated that the Government’s target of 300,000 new homes a year is “difficult”, amidst a report which reveals huge gaps in worker supply.
Halifax and Zoopla warn of a slowdown in the housing market, as housebuilding output flatlines in May.
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.
The Construction Leadership Council has issued a report on how the industry can mitigate the impact of the Ukraine crisis on material supply.
Rishi Sunak delivered his Spring Statement this week, whilst the HBF reveal their latest Customer Survey Satisfaction results.
The war in Ukraine is driving material price rises, which – along with ongoing labour shortages – is posing considerable challenges to the housing industry.