Housebuilding Industry State H2 2024

How Your Business Compares to
the Industry Average

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1 out of 5 questions

1. How has demand for your company’s services developed over the past year? It has…  

Globally, 41% of companies have experienced increased demand for their services over the past year.
In the UK, the demand is even higher, with 47% of companies reporting a rise in demand.

Globally, 41% of companies have experienced increased demand for their services over the past year.
In the UK, the demand is even higher, with 47% of companies reporting a rise in demand.

Globally, 41% of companies have experienced increased demand for their services over the past year.
In the UK, the demand is even higher, with 47% of companies reporting a rise in demand.

2. Which of the following do you view as key challenges currently facing your company? 

Globally, the top challenges are labour shortages (48%), financial constraints (42%), and uncertainty around government policy (39%).
In the UK, the challenges are similar: labour shortages (42%), financial constraints (42%), and government policy uncertainty (26%).

Globally, the top challenges are labour shortages (48%), financial constraints (42%), and uncertainty around government policy (39%).
In the UK, the challenges are similar: labour shortages (42%), financial constraints (42%), and government policy uncertainty (26%).

Globally, the top challenges are labour shortages (48%), financial constraints (42%), and uncertainty around government policy (39%).
In the UK, the challenges are similar: labour shortages (42%), financial constraints (42%), and government policy uncertainty (26%).

Globally, the top challenges are labour shortages (48%), financial constraints (42%), and uncertainty around government policy (39%).
In the UK, the challenges are similar: labour shortages (42%), financial constraints (42%), and government policy uncertainty (26%).

Globally, the top challenges are labour shortages (48%), financial constraints (42%), and uncertainty around government policy (39%).
In the UK, the challenges are similar: labour shortages (42%), financial constraints (42%), and government policy uncertainty (26%).

3. What is your sentiment surrounding your future business development? 

Globally, nearly 54% of companies are actively seeking new opportunities for growth, showing optimism despite existing challenges.
In the UK, this sentiment is even stronger, where 74% of businesses are focusing on expansion.

Globally, nearly 54% of companies are actively seeking new opportunities for growth, showing optimism despite existing challenges.
In the UK, this sentiment is even stronger, where 74% of businesses are focusing on expansion.

Globally, nearly 54% of companies are actively seeking new opportunities for growth, showing optimism despite existing challenges.
In the UK, this sentiment is even stronger, where 74% of businesses are focusing on expansion.

4. How have your overall costs developed over the past year? They have: 

Globally, more than 76% of companies report an increase in overall costs.
In the UK, the situation is slightly less severe, with 68% of companies experiencing cost hikes, though it remains a significant concern.

Globally, more than 76% of companies report an increase in overall costs.
In the UK, the situation is slightly less severe, with 68% of companies experiencing cost hikes, though it remains a significant concern.

Globally, more than 76% of companies report an increase in overall costs.
In the UK, the situation is slightly less severe, with 68% of companies experiencing cost hikes, though it remains a significant concern.

5. How has the current labour shortage impacted on your ability to meet project timelines? 

Globally, labour shortages have negatively impacted timelines for 76% of companies, causing delays in project completion.
In the UK, the impact is less pronounced, but still substantial, with 58% of companies facing delays due to the lack of available workers.

Globally, labour shortages have negatively impacted timelines for 76% of companies, causing delays in project completion.
In the UK, the impact is less pronounced, but still substantial, with 58% of companies facing delays due to the lack of available workers.

Globally, labour shortages have negatively impacted timelines for 76% of companies, causing delays in project completion.
In the UK, the impact is less pronounced, but still substantial, with 58% of companies facing delays due to the lack of available workers.

Globally, labour shortages have negatively impacted timelines for 76% of companies, causing delays in project completion.
In the UK, the impact is less pronounced, but still substantial, with 58% of companies facing delays due to the lack of available workers.

The Housebuilding Experts That Drove Our Insights

PlanRadar, a leading platform for digital documentation, communication, and reporting, surveyed 669 carefully selected housebuilding experts across 17 countries. The survey revealed insights into the most pressing challenges faced by the industry today.  

Are their challenges the same as yours? Compare yourself against housebuilders from Australia, Austria, Croatia, the Czech Republic, France, Germany, Hungary, Italy, Poland, Romania, Serbia, Slovakia, Slovenia, Spain, Switzerland, the UK, and the USA. Understanding your position among peers, countrywide and globally, isn’t just beneficial—it’s essential for gaining a competitive edge.

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Access the full report here: Global Housebuilders’ Survey 2024