Construction News

Mon October 26 2020

Related Information

Value of housing construction starts increases by 37%

15 Apr 10 The value of residential construction projects starting on site in the first quarter of 2010 was 37% higher than the same period a year ago, according to the latest figures from construction data provider Glenigan.

The value of residential construction projects starting on site in the first quarter of 2010 was 37% higher than the same period a year ago, according to the latest figures from construction data provider Glenigan.

"Many projects stalled by the bad weather in January and February have now started," said Allan Wilen, economics director of Glenigan.

He added: "House builder confidence has been boosted by rising house prices and property transactions seen since last summer. This recent improvement is encouraging and gradual strengthening in private residential construction is forecast for the coming months.

Got a story? Email news@theconstructionindex.co.uk

MPU

Click here to view more construction news »