Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
The CPA says modest growth will not be enough to offset pandemic fall in public housebuilding work
Housebuilding activity is expected to grow modestly over the next two years but will fail to reach the levels seen in the year prior to the pandemic, a report has forecast.
The latest forecast from the Construction Products Association (CPA) said the industry should expect growth in output of around 3% both this year and next, with the failure to return to pre-pandemic levels a result of the steep fall in public housebuilding during 2020.
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