Overall housebuilding output is unlikely to return to pre-pandemic levels either this year or next as concerns grow over the impact of materials shortages, according to the latest forecast from the Construction Products’ Association.

The CPA’s summer forecast, issued this morning, said it expects the housebuilding industry’s output to grow by 16% this year to £41.2bn, and then again by 8% to hit £44.6 in 2022. This is an improvement from its spring forecast, when it said it expected output to grow by 14% this year.

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