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Housing Today
Trusted media brand of the Chartered Institute of Housing
Housing output dropped sharply in July
Official figures blame 6.5% housebuilding decline on materials shortages and cost increases
The housebuilding industry led a decline in construction work in July, leaving industry output firmly below the level seen prior to the pandemic.
Official figures showed that the seasonally adjusted level of new build housing work dropped by 6.5% in July compared to June, with the drop sharpest in the private housebuilding sector.
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