Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
But overall housebuilding output to remain below pre-covid level until 2023
Housebuilding activity is expected to stage a double-digit recovery this year as the economy rebounds after the coronavirus crisis. But overall output will not return to 2019 levels for at least another year, according to the latest prediction.
The spring forecast from the Construction Products Association (CPA), issued this morning, said it expected housebuilding output to grow by 14% this year, after dropping by a fifth in 2020 following the spring lockdown.
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