How will housebuilding fare in the economic slowdown?

Richard Jones CROP

Richard Jones explains the findings of Arcadis’ recent market report and what they may indicate for residential development in 2023

With the construction market in so much turmoil I summarise below the Arcadis Market View Winter 2022 which not only provides an interesting forecast for 2023, but also underpins how the sector is rapidly changing requiring frequent review and updates to ensure that business decisions are appropriate and relevant.

The general point that the UK’s construction sector has defied the gloom engulfing the wider economy with new orders having increased in the third quarter is a relevant one and underpins specifically what we have seen in the residential sector.

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