Output surges as material prices level; housebuilders report strong results

Construction output surged in November, as material prices flatten for the first time since September 2020. Meanwhile, several housebuilders announce results to the City, with differing fortunes.

House price growth continues, with materials facing an uncertain 2022

Nationwide and Zoopla release their latest house price index reports, whilst the CLC warn of material uncertainty in 2022 and the HBF call for a change in the planning system.

Strong results from housebuilders, as labour levels ease and steel prices rise

This week saw several housebuilders publish strong results, but warn of increasing build costs. However, labour levels seem to be stabilising.

Construction output grows amidst ongoing industry challenges – with solutions offered

Data from IHS Markit and CIPS shows that construction output grew in October; but the industry continues to face multiple challenges.