Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Materials body makes sharp downward revisions to forecasts in wake of turmoil caused by mini budget
Private housing starts are set to fall by 10% next year as housebuilding output drops sharply, according to the latest economic forecast from the Construction Products Association.
The materials trade body said it now expected output from the housing development industry to fall by 8.7% overall as completions also slump, in forecasts revised down sharply in the wake of the turmoil caused by the mini-budget and its aftermath.
…
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now