Total Residential Construction Output Increased By 5% In 2018

Preliminary data indicates that total residential output increased by 5% in 2018 to £74.2bn, according to the latest Construction and Housing Forecast Bulletin from AMA Research. This was underpinned by 8% increase in new work but with residential RMI remaining static at £30bn. Whilst both housing starts and completions have remained positive in 2018, the research reveals some evidence of a slowing of the growth rates for both starts and completions into H1 2019. In addition, the rate of annual house price growth has also slowed in Q1 2019. Read more on 24housing.

https://www.24housing.co.uk/news/total-residential-construction-output-increased-by-5-in-2018/