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Housing Today
Trusted media brand of the Chartered Institute of Housing
Housebuilding activity falls at fastest rate since May 2020
Sharp decline in January house building orders drags down construction sector, purchasing managers index shows
Housebuilding activity has fallen at its fastest rate since the first Covid lockdown.
The latest S&P Global / CIPS UK Construction PMI figures published today show total construction orders fell for the third successive month in January, with housebuilding activity at its lowest level since May 2020.
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