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Housing Today
Trusted media brand of the Chartered Institute of Housing
Private new housing output up 1.5% in Q2, says ONS
But RICS residential survey reveals dent to confidence in July
Strong growth in the construction sector helped UK GDP growth to beat forecasts in the most recent quarter, according to the Official for National Statistics. Overall output rose 0.3% between April and June, which was less than the 0.7% seen in the first quarter but above forecasts of around 0.1%.
This was driven in part by 1.2% growth in the construction sector, which came after 0.3% growth in the first quarter.
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