Time to give the property sector something to build on

Demand for housing remains as strong as ever, but Covid-19 restrictions on construction are having a damaging effect on supply

21st February, 2021
Time to give the property sector something to build on
More than 20,000 new homes were completed last year, down just 2 per cent on the year before but commencements fell 30 per cent

The property market has always been driven by supply and demand, a simple fact that has stayed constant despite the hugely damaging Covid-19 pandemic.

The virus has thrown up plenty of issues in the property market. For example, construction, which was already under pressure, ground to a halt for 12 weeks last year, and has yet to resume this year save for essential projects.

A note of caution

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