Housing growth to lead employment
Published: 16 October, 2009
The UK housing market has seen a rise in demand following the government’s recent announcement that stamp duty is set to increase for buy-to-let investors, the latest survey by the Royal Institution of Chartered Surveyors (RICS) has revealed.
Aggregates markets in Great Britain are forecast to get back to the levels seen in 2007 by 2020, according to a new report entitled: ‘The primary aggregates producing industry in Great Britain – Its structure, markets and prospects,’ by BDS Marketing Research.
A new report on the builders’ merchant market from MTW Research has found that 70% of merchants are experiencing growth in revenue and profitability in 2015, with sales set to rise above inflation in 2016.
Total GB construction output volume (at constant 2011 prices) in 2015 is forecast to grow by 1.6% compared to 2014, with further growth of 3.3% in 2016, according to the construction research specialist Leading Edge.
The number of new homes being registered to be built across the UK continues to outperform 2014 levels, according to the latest National House-Building Council (NHBC) figures for July.
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One of the major talking points in the wake of the Brexit decision has been around the country’s current housing shortage with a YouGov poll from this year revealing that first time house buyers are now 38-years-old, on average.