Created Nov 10, 2026 • AI-generated summary
Glenigan's UK Construction Industry Forecast 2027-2028, published November 2026 (reappraising its Summer 2026 edition): UK construction to finish 2026 with a 13% decline, then rebound with growth of 11% in 2027 and 7% in 2028, focused on underlying projects under £100m. Private residential among the hardest hit, down an estimated 24% in 2026 as high mortgage rates and rising development costs led developers to defer new sites; gradual housebuilding recovery expected from 2027, supported by improving consumer confidence, public sector spending and a strengthening housing market. Produced by Glenigan's Economics Unit. Membership limited to coverage of this specific forecast release.
|
Title
|
|---|
|
Glenigan forecasts gradual recovery in housebuilding from mid-2027
Mortgage Strategy
•
Nov 10, 2026
|