Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Housebuilding output recovered in June to hit its highest level for three months, according to official data, despite a slew of grim warnings from housebuilders in recent weeks.
Construction output grew in June according to the latest ONS figures, but analysts say declining public sector buying could spell trouble for the industry.
The industry’s total output was up 1.6% in the month, driven by increases in both new work (2%) and repair and maintenance (1.1%), with six of nine sectors experiencing growth.
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