Brickonomics

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• Economy not as bad as we thought thanks to construction

  The fall in GDP wasn't as big as we thought thanks to stronger than estimated construction activity. That is the assessment of the statisticians who put together the national accounts . But is this good news or bad news for construction? Read More... Posted Sep 29 2009, 11:51 AM by Brickonomics Filed under: construction output, statisticians, green shoots, GDP

• Why the price of an average house is not going up

  Average house prices indexes may be on the rise, but the price of an average house is not. That, unless I very much mistake it, is the message from the latest Hometrack survey, which in August measured the first rise increase in house prices since July... Posted Aug 31 2009, 10:22 AM by Brickonomics Filed under: house prices, green shoots, Richard Donnell, Hometrack, averages

• Little to stop the slide in house prices, says Hometrack

  Two weeks ago there was growing optimism within the housing market. One budget later and there is every sign that we may re-enter a period of deepening pessimism with commentary to suit. I'd be surprised if the latest British Bankers' Association... Posted Apr 27 2009, 01:55 PM by Brickonomics Filed under: house prices, housing market, house building, housing demand, green shoots, British Bankers' Association, GDP, Budget, Richard Donnell, land, IMF, Hometrack

• Contractors optimistic despite being trapped in mire of recession - says CIPS

  The buyers' body CIPS remained muted about the prospects for construction despite a slight lift in the construction industry. The main construction index published by CIPS rose to 30.9 for March up from a series low of 27.8 in February. That means... Posted Apr 02 2009, 12:38 PM by Brickonomics Filed under: construction industry, CIPS, green shoots, optimism, forecasts

• Sorry to be a party pooper, but hold fire on bigging up the mortgage figures

  There has been much joy in the housing sector at the news that the number and amount of home loans approved by banks grew for the third consecutive month in February, according to the British Bankers' Association . While this is clearly not more bad... Posted Mar 24 2009, 04:06 PM by Brickonomics Filed under: mortgages, house prices, RICS, green shoots, British Bankers' Association