Architects brace themselves for housing market stagnation

high rise

Expectations of future workloads by resi architects fall to lowest level for two years in RIBA survey

Expectations of future workloads in the private housing sector hit their lowest point in more than two years last month as soaring inflation and rising mortgage interest costs take their toll on the market.

Architects now expect no growth in orders for private residential projects over the next three months, according to RIBA’s latest Future Trends survey.

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