Construction sector activity in the UK economy rose at its fastest pace for five months.
May 4, 2018
The latest IHS Markit/CIPS UK Construction Purchasing Managers Index (PMI) headlines ‘House building recovery after snow disruption underpins modest construction rebound in April’.
The construction sector activity in the UK economy rose at its fastest pace for five months a new report from Markit Economics showed on Wednesday.
The final Purchasing Managers’ Index (PMI) in the UK picked up sharply to 52.5 points in April, compared to the 20 month low of (47.0) seen in March.
Residential work was by far the best performing category of construction activity in April, with the rate of growth reaching its strongest since May 2017 says the report.
Read the IHS Markit/CIPS report 2nd May 2018 in full click here.
You May Also Enjoy
Rightmove to host live Q&A webinar on the Renters’ Rights Act
Rightmove is hosting a live Q&A webinar today to help agents better understand the Renters’ Rights Act and its practical implications as the Act takes effect. The Renters’ Rights Act: Live Q&A webinar will take place on Tuesday 5th May from 10:00am to 11:00am and will be available to watch via the Rightmove Hub. Over…
Read More 
War over bin blunders as legal expert reveals what you can actually do
Rows over rubbish are bubbling up, with fed-up homeowners losing patience over neighbours who refuse to bring their bins back in. Now, a legal expert has revealed the simple steps you can take before things spiral into a full-blown neighbourhood feud. Natalie Peacock of Rogers and Norton explained that while it might be tempting to…
Read More 
The UK’s best place to be a buy-to-let landlord in 2026 – and it isn’t London
Manchester tops the list with an average property price below the UK average and an annual rental return of 6.4%, beating all 32 London boroughs. Newcastle upon Tyne ranks second and is the only area in the study to deliver an annual return of more than 7%, while Blackpool places third. New research ranks 310…
Read More 
Don’t Let Dirty Windows Cost You a Sale
You’ve spent months preparing your home for sale. You’ve decluttered, repainted the hallway, replaced the kitchen handles, and had the carpets professionally cleaned. But have you looked at your windows lately, really looked at them? Dirty windows are one of the most overlooked deal-breakers in property sales. They’re also one of the easiest to fix.…
Read More 
Home longevity spas tipped to become the next must-have in prime property
Longevity expert has noticed a huge influx in home spas from investors Country and Townhouse reported that wellness is expected in luxury homes Ralph Montague discusses core shifts he’s seen over the past two years Once, cinema rooms, wine cellars and home gyms were considered luxury home features. Now, the next major trend in prime…
Read More 
Nationwide House Price Index for April 2026 – Thoughts from the Industry
House prices increased by 0.4% between March 2026 and April 2026. This was a weaker rate of monthly growth compared to the previous month (0.9%). Annual growth sat at 3% in April 2026, with this annual rate of growth increasing from 2.2% versus March 2026. The average UK house price now stands at £278,889. …
Read More