House builds for year25 Apr 2024 19:47
Attended at the AGM. Broadly neutral message. The market appears to have bottomed out though little real improvement expected until 25/26. Govt target for current year is for 300,000 new houses but industry does not expect any more than 175,000.
Local authority planning permissions have not been as forthcoming as many planning departments are either understaffed or they just don't want to grant permissions.