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Housing Today
Trusted media brand of the Chartered Institute of Housing
Growth in housebuilding activity eased in February
However, latest data from purchasing managers shows a return to growth for construction overall
Construction output has bounced back thanks to a resurgence in the commercial sector.
Overall construction activity fell away in January, with the IHS Markit/CIPS UK construction total activity index dipping below the 50.0 no-change mark for the first time since last May.
But the latest release, which covers February, saw the index figure rebound to 53.3 - driven by a boom in the commercial sector.
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