Glints of construction sector optimism amid curse of hidden building costs
Newly released reports reveal that the home building and construction sectors are emerging from post-Covid gloom but hidden government costs are weighing heavily on the price of a new home.
Building approvals are rising and cautious optimism returning to the construction sector. (Image source: Shutterstock.com)
The overall mood in the construction sector is brightening but hidden costs continue to hamper attempts to overcome the country’s chronic shortfall of new housing.
A resurgence in confidence, revealed in the latest Royal Institution of Chartered Surveyors (RICS) Global Construction Monitor for the final quarter of 2024, comes in the face a growing number of insolvencies hitting the sector
.The Construction Sentiment Index, a key indicator of ov…
