According to the Glenigan index of construction starts, £11.2bn of residential work was begun during this period.
This reflected a 10% increase from the preceding three months.
Residential was one of the healthiest sectors in construction, which overall saw £19.2bn of work begin in the three months to July.
This meant the value of construction starts, in general, was up 9% from the previous period and by the same percentage from the year before.
Private housing construction was also revealed to be in good shape, with £9.6bn of projects beginning in the three months to July.
- The Finance Professional Show 2024: The Video
- Residential construction surges 76% in second quarter
- Most developers optimistic about residential market in 2025
This means private housing activity was up 24% from the preceding period, and 40% from the year before.
In contrast, social housing starts — £1.5bn in the same period — were down 33% from the preceding quarter and 24% lower than the same point in 2024.
Glenigan noted that this shows a different picture to the recent S&P Global UK Construction PIMI which reported the sharpest fall in activity in five years.
“The PMI reflects sentiment among purchasing managers, giving a forward-looking view based on survey responses, whereas the Glenigan Index is built on robust figures of actual projects starting on site,” added Glenigan in its data commentary.
“This makes it a more grounded measure of current activity, even if it lacks the PMI’s anticipatory edge.”



Leave a comment