Friday, 13 January 2017

Public Housing Projects Boost Build Figures

A 5.5% rise in public housing – which includes housing associations – boosted the UKs latest construction output figures. The Office for National Statistics (ONS) published the monthly estimate of output in the construction industry in Great Britain for November 2016, in both the private and public sectors. This estimate outlined:
·         Total new housing output grew at a monthly rate of 1.2% in comparison with October 2016, representing the biggest increment since February 2016
·         This increase is in part a result of the notable 5.5% rise in public housing, which includes housing associations
·         There was an increase of 13.7% compared with November 2015, the largest month-on-year growth rise since December 2014.

Read more on 24housing.

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