The post-pandemic “race for space” is driving strong demand for housing globally. Higher building material costs have pushed up new house prices in the US by at least 25% in the past year; but over the same period, (highly seasonal) housing starts are up 7.4%.
UK housebuilders are not immune to global shortages of construction materials and skilled workers but – according to some sources – these have been amplified by Brexit [please continue below to access full report].
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