Is there a real recovery in residential construction – and is it enough?

The figures are pointing in the right direction, so let’s hope they’re sustainable

Residential development projects with a total unit count of 15,500 started in 2015

Anecdotal evidence suggests a broad recovery in the residential construction sector, however, it is unclear where the recovery is, what its magnitude is and if it is sustainable.

New figures soon to be released from shed some light on the specifics of this recovery and point to some answers.

There are three aspects to the residential construction sector: the home improvement/extension sector; the self-build, “one-off” sector, and the residential development sector.

The ...