The house-building industry maintained stability over the past year despite wider Brexit volatility; with buoyancy driven by ongoing disparities between demand and supply.
Albany, NY -- (SBWIRE) -- 12/06/2017 -- A new research study offering information on the UK house building sector has been added to the research database of Market Research Hub (MRH). According to the report titled "House Building - UK - November 2017", the UK house building sector has witnessed steady growth, despite the challenges posed by Brexit and wider volatility in Europe. According to the report, the private sector continues to be a leading source of growth for the market. The demand for housing from consumers in the UK is likely to create opportunities for the private developers in the region, owing to which the market is projected to be titled toward private developers rather than government-funded projects.
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According to the report, there has been a preference for new house building vis-à-vis flats, as consumers are focusing on maintaining a higher level of flexibility and independence. The report offers a regional perspective, which statistics on home ownership in the UK, and the percentage of homes occupied by owners as a percentage of all dwellings.
The report also offers holistic information on the government perspective and initiatives that are providing an impetus to the house building sector in the UK. A detailed analysis of the steps taken by the government to boost the building sector is provided in the report, providing readers with insights on the macroeconomic factors boosting growth. The succeeding sections of the report offer analysis on UK house pricing, with detailed figures providing the price index in UK from 2008-2017. An analysis on the ration of people buying the home for the first-time and their earnings for the period of quarter 1 2012 to quarter 3 of 2017 has been offered to readers. To give readers information on the relative strength of the buyers, the report offers analysis on the property transactions in the UK that have a value of 40,000 pounds and above.
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The key issues analyzed in the report include the growth in property prices in the South East and London. The property prices in these areas are on the higher side, which has a key influence on the buyers. The impact of Brexit on consumer sentiment has been analyzed and detailed insights have been offered to readers. To give readers a deeper understanding of the UK house building sector, the report discusses the methodology employed to arrive at statistics and conclusions. The relationship between house building and various allied sector has also been analyzed in the report.
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