British Property Award Winner 2017 & 2018
Construction output increased by 4% in the last quarter according to government figures released today.
Industry growth contributed 0.2% to a 0.8% rise in total GDP according to preliminary data from the Office for National Statistics.
The sector’s quarterly rise follows a 9.5% jump in output in the previous quarter, which represented a total contribution to GDP of 0.6%.
The third quarter growth for construction was 11% higher than the equivalent period in 2009.
Rival for the South Bank: Royal Arsenal Riverside
Help to Buy now helped over 400,000 first time buyers