The latest UK Construction Monitor published by the Royal Institution of Chartered Surveyors (RICS) shows a dramatic fall in private housebuilding with
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Construction starts have hit a 10-year low, according to fresh figures, as client confidence ebbs away amid the economic gloom. Data released by industry
New private housebuilding plummeted by 51% compared to a year ago and are 39% below the three months to March, according to data from Glenigan, which says the industry is suffering a “protracted depression”. Across all building work – residential, non-residential and civil engineering – the value of underlying work