Housebuilding activity falling at fastest rate since first lockdown

housing

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Purchasing managers’ survey shows fifth successive monthly decline in activity

Housebuilding output declined in April at its sharpest rate since the pandemic lockdown shut sites across the country, according to the latest figures from purchasing managers.

The numbers from the latest S&P Global/CIPS UK Construction PMI figures published today show that the housebuilding index registered a score of 43, down from 44.2 last month.

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