Weekly Economic and Construction Update – 29 September 2023

Weekly Economic and Construction Update – 29 September 2023

Date Published

29 September 2023

Document Type

Category

Author

TDUK

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Summary

There were 53,530 housing building starts in England in 2023 Q2, which is 86.5% higher than in Q1 and 25.6% higher than a year ago according to DLUHC as major house builders did the minimum necessary to register a start so that they could get ahead of the end of the one-year grace period for the uprated building regulations (Parts F, L, O and S) that add significant cost to building a new home. However, this is an issue we have highlighted in previous CPA forecast publications.