Weekly Summary
Despite rising prices, changing regulations,and a marked rise in companies in financial distress, the industry remains active (though we are keeping a watchful eye on signs of unease and reports of projects stalling). For the moment, there is demand for the right product and money looking to invest in real estate, as the industry displays an appetite to address its inherent productivity issues, and actively support teams find sustainable solutions, and an appetite to improve the industry’s long-running productivity issues.
Significant challenges of course remain: the survey from the Federation of Master Builders, together with further delays to shipping show that we are yet to see the end of material price pressures and supply disruptions, making it all the more important to develop a more granular understanding of supply chains, to help assess options in terms of sourcing and choosing materials, among other things.