Construction Sector Continues Longest Output Decline Since 2013
The UK construction sector continued its longest period of decline since 2013 as October output fell. Month-on-month construction output fell by 2.3% in October, the largest monthly fall since April 2018, according to recent data by Office for National Statistics (ONS). The fall has been attributed to a significant decrease in new work which has […]
Property Instructions Reach Near Record Lows In 2019
Market activity was stagnant in the month of the election build up as buyers and sellers continued to adopt a cautious approach. New buyer enquiries decreased for the third consecutive month to a negative net balance of -9% according to the RICS Residential Survey for November. Newly Agreed Sales also remain in a negative net-balance […]