Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
And all new construction work showed zero growth in Q1, constrained by Brexit, material costs and dearth of skilled labour
Private new housebuilding activity fell by 5.1% in March compared with the previous month, according to the Office for National Statistics (ONS).
However, the ONS said that the relatively smaller public housing sector witnessed growth of 8.6% over the same period.
The fall in private housebuilding new work piled on the pressure for the housebuilding sector, which fell overall by 1.8% in March, while a 4.2% dip in infrastructure and a near 3% decrease in public other new work were also factors.
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