Housebuilding growth slowed in November

House building

But number of firms reporting lengthening materials delays slows again from summer high

Growth in housebuilding slowed slightly in the last month according to the latest data from purchasing managers.

The IHS Markit construction purchasing managers’ index for November, conducted for the Chartered Institute of Purchasing and Supply, found that housebuilding activity slipped to a figure of 54.7 in its index, where any figure above 50 represents growth.

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