Housing activity only 'relative bright spot' for Covid-hit construction in October

A number of respondents to an Ulster Bank survey indicated that demand had improved over the course of the month, leading them to increase their activity.

Leading economists have warned that Covid-19-disrupted housing supply will have implications for homelessness, the cost of rents, and house prices for many years to come'. Picture: Larry Cummins

Housing output was "a relative bright spot" in October for the construction industry which continues to be hit hard by the Covid-19 crisis, the latest monthly snapshot of the industry suggests. 

The Ulster Bank construction survey involves a survey of purchasing managers across the whole industry who work in residential buildings, commercial construction such as office buildings, and civil engineering.