Residential gloom dampens architects’ optimism

By Tom Lowe2022-08-23T06:00:00

Expectations of future workloads in private housing slump to lowest level for more than two years

Architects’ expectations of future workloads in the private housing sector hit their lowest point in more than two years last month as soaring inflation and rising mortgage interest costs take their toll on the market.

Architects now expect no growth in orders for private residential projects over the next three months, according to RIBA’s latest Future Trends survey.

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