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Housing Today
Trusted media brand of the Chartered Institute of Housing
Surge in housebuilding reported in May
Residential work increases at fastest rate since 2014 according to latest purchasing managers index
Housebuilding grew at its fastest pace in seven years, boosting construction’s new orders but also depleting already scarce supplies of construction materials, according to purchasing managers.
The housing sector was the strongest performer for the month of May’s IHS Markit/CIPS UK construction PMI survey, with its index score jumping to 66.3 from 61.2 in April.
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