Weekly Economic and Construction Update – 9 June 2023

Weekly Economic and Construction Update – 9 June 2023

Date Published

9 June 2023

Document Type

Category

Author

Jack Clappen
Summary

UK construction materials prices in April 2023 were 4.7% higher than a year ago according to the ONS, considerably lower than the 8.7% in March and 10.6% in February.

The RICS UK Residential Survey reported that the net balance for new buyer enquiries was -18% in May, considerably less negative than -34% last month and the least negative value in the last 12 months.