Consumer demand still high but cooling of the housing market
In the latest Business Pilot Barometer Neil Cooper-Smith, Senior Analyst, reports that “year-on-year house prices were 10.5% higher this July than the same time last year – they were, however, slightly down on the 17-year high seen in June, which suggests that the pairing-back of the Stamp Duty holiday, has let a little heat out of More...
Sector adapts to new sales formats
280,000 new cars were registered last month, compared with 254,000 in March 2020 – that puts registrations of the new 21 plate up 10% on the same time last year. It’s significant because, the motor More...
Positive five year outlook for UK residential entrance door market
A new report into the UK residential entrance door market has forecast a positive outlook for the sector over the next five years, despite a significant decline in 2020 due to the impact of Covid 19 and lockdown More...
Residential sector drives recovery in construction project-starts
The value of underlying construction projects (under £100 million) commencing on-site during the three months to February was 3% higher than the previous year and 4% higher than the preceding three months More...
Self-build market estimated to have fallen by 10% due to Covid-19 pandemic
As a result of the Covid-19 pandemic, the Self Build market is estimated to have fallen in value by some 10% in 2020. It is estimated there were 13,900 completions, with a market value of around More...
November sales surge for builders merchants despite ‘Lockdown 2’
Year-on-Year Total Builders Merchants November 2020 value sales surged 9.0% ahead of November 2019. This was the largest year-on-year increase since March 2019, despite the second Covid-19 lockdown taking More...
NHBC Foundation reveals new report on the history and future of MMC
An in-depth new NHBC Foundation report on how the role of Modern Methods of Construction (MMC) has evolved within the house-building industry has just been released. Prefabricated homes have been long-heralded More...
The ‘roaring twenties’?
The latest Business Pilot Barometer shows that window and door sales fell by 27% in November compared to October, reversing the 4% increase seen in October on September. November also saw a drop in new enquiries, More...
‘Glazed-extensions and solid-roof conservatories are areas to focus on over the next few years’
Data scientists have been in popular demand over the last 6 months as analysts have battled with predictions and trends related to economic activity. The crystal ball we are all searching for unfortunately More...
Stronger construction sector growth led by fastest rise in new orders since October 2014
November PMI® data indicated a sustained recovery in UK construction output, with the rate of expansion accelerating from the previous month. There were also positive signals for the near-term outlook as new More...