Construction numbers rise for fifth consecutive month, ONS figures show
Construction numbers rise for fifth consecutive month, ONS figures show
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to ยฃ14,994m. This is the highest figure, in ...
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The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to ยฃ14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to ยฃ14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
Average house prices rose 10.8% on an annual basis in April to hit a record ยฃ286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: โThe property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record ยฃ286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
Average house prices rose 10.8% on an annual basis in April to hit a record ยฃ286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: โThe property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record ยฃ286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
This, the report issued by S&P Global/CIPS UK says, is the lowest reading seen in four months. Added to this is the fact that business activity expectations are the least upbeat since August 2020.
The residential sector saw the weakest performance, where the activity index dropped from 53.8 in April to 50.7 in May.
S&P Global Market Intelligence director Tim Moore says that residential construction activity, โwas close to stagnation in May, which represented...
This, the report issued by S&P Global/CIPS UK says, is the lowest reading seen in four months. Added to this is the fact that business activity expectations are the least upbeat since August 2020.
The residential sector saw the weakest performance, where the activity index dropped from 53.8 in April to 50.7 in May.
S&P Global Market Intelligence director Tim Moore says that residential construction activity, โwas close to stagnation in May, which represented...
Dive Brief:
Contractors reported fewer unfilled job openings in May as overall nonresidential construction spending dipped and signs of the slowing economy began to play out on jobsites.
Associated Builders and Contractors reported that the number of open construction jobs declined to 434,000 in May. While just 6,000 fewer openings than a month before โย and 126,000 more than a year earlier โย the decline is notable in a tight labor market where hiring has been robust.
At the same time, As...
Dive Brief:
Contractors reported fewer unfilled job openings in May as overall nonresidential construction spending dipped and signs of the slowing economy began to play out on jobsites.
Associated Builders and Contractors reported that the number of open construction jobs declined to 434,000 in May. While just 6,000 fewer openings than a month before โย and 126,000 more than a year earlier โย the decline is notable in a tight labor market where hiring has been robust.
At the same time, As...
Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some.
The post Pending Home Sales Decline for 4th Consecutive Month, as Interest Rates Rise: โMany People Looking for a Home Have Hit a Ceilingโ appeared first on Real Estate News & Insights | realtor.comยฎ.
Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some.
The post Pending Home Sales Decline for 4th Consecutive Month, as Interest Rates Rise: โMany People Looking for a Home Have Hit a Ceilingโ appeared first on Real Estate News & Insights | realtor.comยฎ.
On a non-seasonally adjusted basis, transactions in May 2022 increased to 100,870, which is 1.6% higher than the previous month but 2.0% lower than in May last year,ย according to HMRC.
Meanwhile, non-residential transactions came to 10,250, representing a 9.7% increase compared to May 2021 and 0.4% higher than in April this year.ย
On a provisional seasonally adjusted basis, however, HMRC reports residential transactions at 109,210 in May, which is 5.1% lower...
On a non-seasonally adjusted basis, transactions in May 2022 increased to 100,870, which is 1.6% higher than the previous month but 2.0% lower than in May last year,ย according to HMRC.
Meanwhile, non-residential transactions came to 10,250, representing a 9.7% increase compared to May 2021 and 0.4% higher than in April this year.ย
On a provisional seasonally adjusted basis, however, HMRC reports residential transactions at 109,210 in May, which is 5.1% lower...
CNBC's Diana Olick reports on August's pending homes sales data.
CNBC's Diana Olick reports on August's pending homes sales data.
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Its latest construction purchasing managers index reports the headline figure falling from 52.6 in June to 48.9 on the month.
While civil engineering was the worst performing area overall, house building fell for the second consecutive month (albeit only slightly, to 49.4), while commercial work was the only segment that saw a rise โ again, only slightly, with the weakest growth here in 18 months.
Rising inflation and โfragileโ consumer confidence, along...
Its latest construction purchasing managers index reports the headline figure falling from 52.6 in June to 48.9 on the month.
While civil engineering was the worst performing area overall, house building fell for the second consecutive month (albeit only slightly, to 49.4), while commercial work was the only segment that saw a rise โ again, only slightly, with the weakest growth here in 18 months.
Rising inflation and โfragileโ consumer confidence, along...
The May housing report produced by the Austin Board of Realtors shows home prices in Central Texas have continued to rise, but inventory is also starting to go up.
The report shows that in Central Texas in May, the median price of a home rose nearly 20% year over year, tying Aprilโs record of $550,000. Homes spent an average of 15 days on the market.
Meanwhile, active listings went up nearly 150% from this time last year, pushing inventory to 1.2 months of inventory compared to the 0.7 month...
The May housing report produced by the Austin Board of Realtors shows home prices in Central Texas have continued to rise, but inventory is also starting to go up.
The report shows that in Central Texas in May, the median price of a home rose nearly 20% year over year, tying Aprilโs record of $550,000. Homes spent an average of 15 days on the market.
Meanwhile, active listings went up nearly 150% from this time last year, pushing inventory to 1.2 months of inventory compared to the 0.7 month...