Private housebuilding 'underpinning UK construction'

housebuilding

Strongest sector performance still below that achieved prior to the EU referendum

Growth in UK construction is being underpinned by the private housing sector, according to a new report published today.

The RICS’ latest UK Construction & Infrastructure Market Survey, covering the first three months of this year, said overall confidence had fallen almost to a six-year low, while access to capital was being squeezed.

However, private housing workloads were comfortably in positive territory, with a net balance of +21% of survey respondents reporting a rise in activity, up from +20% in the last three months of 2018.

 

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