New Barbour ABI Analysis Shows UK Property Improvement in Spotlight
CHESHIRE OAKS, England, October 9, 2012 /PRNewswire/ --
Expert provider of market intelligence for the Built Environment sector, Barbour ABI has today revealed that while planning application volumes from 'Home Improvers' continue to run at historically high levels, recent months have been flat (June to August).
For this period (to end of August 2012), home improvement applications have bucked the seasonal trend of the last few years which has tended to show a steady increase during the period (Table 2).
While applications for larger schemes continue to be depressed, overall volumes in 2012 are up on previous years.
TABLE 1 Data Year on Year to Date
Jan - Aug 2008 2009 2010 2011 2012 Large Projects 35103 23435 25749 24327 23688 Home Improvements 266907 209218 233659 252671 257306 Other small projects 134460 122802 158974 162796 172229 Total 436470 355455 418382 439794 453223
TABLE 2 Data for Three Month Period (June to End of August)
Last 3 months 2008 2009 2010 2011 2012 Large Projects 12148 10190 9754 9027 8559 Home Improvements 94631 84618 92836 99235 91772 Other small projects 48493 51786 64298 67037 65382 Total 155272 146594 166888 175299 165713
With the Government's recent announcements of a temporary relaxation around rules for domestic extensions attracting considerable debate, the figures released indicate that for many the 'improve not move' decision has already been made.
Notes for Editors:
Barbour ABI is the leading provider of construction intelligence products, providing UK companies with sales leads, contact data, CRM software and market intelligence. Its reputation is built and maintained by the in-house team of market researchers who have excellent working relationships with planning authorities and other relevant information providers, including Government departments. Barbour ABI is based in Cheshire Oaks, Cheshire.
Barbour ABI recently won the tender to collate and produce the Government's Construction and Infrastructure Pipeline which outlines future construction and infrastructure projects where public funding is agreed. Barbour ABI will be responsible for publishing data every six months, on behalf of the Government.
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