Property News · July 4, 2016

Construction becomes first casualty of Brexit as housebuilders get jitters


Markit/Cips survey shows industry badly affected by EU referendum, with plots set to remain empty across UK for some timePity the poor brickmakers, soon their stockpiles will reach to the moon and back. That’s the message from private sector housebuilders, which have looked into the industry’s crystal ball and concluded that there is no reason to expand supply for the next six months. The Markit/Cips survey of construction companies was disturbingly clear in the picture it presented of a sector badly damaged by the EU referendum. Continue reading…

Source : theguardian.com
Read more…Construction becomes first casualty of Brexit as housebuilders get jitters

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