Real Estate
UK Housing Set for 2025 Recovery, Building Suppliers Say
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Building materials suppliers Ibstock Plc and Breedon Group Plc expect sales to recover in 2025, as a rebound in the UK housing market feeds through to increased demand for bricks and cement.
“We are seeing some encouraging indicators of market improvement such as sales rates, site starts and house price growth,” Ibstock Chief Executive Officer Joe Hudson said on a call with analysts.