Housebuilding Market Report - UK 2012-2016 Analysis

AMA Research are pleased to announce the publication of the Tenth Edition of the report “Housebuilding Market Report – UK 2012-2016 Analysis”. Following rapid decline in 2008 / early 2009, housebuilding volumes have since recovered to some extent. However, the climate in mid-late 2012 remains uncertain, and this report reviews current market developments with prospects through to 2016. In addition, we assess the mismatch between supply and demand and its implications on new housebuilding in the medium term.

Key areas in the report:

• Review of Housebuilders – analysis of major housebuilders, volumes, market shares, positioning, key housebuilding indicators, recent corporate activity, changes in 2011-12, and forecasts of future trends.
• Detailed Assessment of the Housebuilding Market – housing starts & completions, forecast completions up to 2016, analysis by sector (private/public), mix of houses/apartments, house prices, house-moving market, forecasts of future trends.
• New Government – impact on housebuilding – Planning, Affordable Housing, impact of Comprehensive Spending Review etc
• Future Prospects – outlook for 2012-13. Medium term prospects, barriers to growth.

Areas of particular interest:

• Focus on major changes in housebuilding – forecasts up to 2016.
• Trends and prospects for affordable housing.
• Population growth / Household formations – recent pop. figures indicate new housing way short of market requirements
• Activity levels in 2012 – prospects for recovery – timing and scale of upturn – starts, completions.
• Impact of Coalition Government – CSR, Affordable Housing Programme and growth of MMC and OSM etc.

Contractors profiled include:

• Argent, Balfour Beatty, Barratt Developments, Bellway, Berkeley Group, Bloor Homes, Bovis Homes Group, Cala Group, Countryside Properties, Crest Nicholson, Croudace Homes Group, Durkan, Elan Homes, Fairview New Homes, Galliard Homes, Galliford Try, Hopkins Homes, Keepmoat, Kier Group, Laing O’Rourke, Land Securities, Lend Lease Residential Development, Mansell, McCarthy & Stone, Miller Group, MJ Gleeson Group, Morgan Sindall, Morris Homes, Persimmon, Quintain, Redrow Group, Stewart Milne Group, Taylor Wimpey, Telford Homes, Tulloch Homes Group, Wainhomes, Weston Group, Willmott Dixon.

Key areas covered in the report include:-

• HOUSE-BUILDERS
• Overall market size, number of builders, analysis of key changes in recent years.
• Analysis of market shares of leading housebuilders – key players, comparisons of changing shares.
• Major review of leading national housebuilders – analysis of key indicators for UK housebuilding (completions, turnover, private/affordable mixes, apartments etc, where available), recent trends, current market position etc.
• Rationalisation of industry structure, mergers & acquisitions, review of leading commercial developers in housebuilding, impact of new entrants, future prospects etc.
• Review of leading regional and local housebuilders, recent corporate activity. Analysis covering turnover, pre-tax profit, completions etc.
• HOUSE-BUILDING MARKET
• Overview of construction sector, output levels by sector and impact on housebuilding, future trends.
• Current market conditions, overview of housebuilding during 2010 –2012. Recovery up to mid-2010, performance in 2011-mid 2012 and prospects into 2013.
• Analysis by sector – Private, public, self build – volumes, changing market mix, factors influencing the market, future trends, value of housebuilding output by sector.
• New housing starts and completions –trends since 2006, review of market volatility in recent years, forecasts up to 2016. Changes in net housing supply 2006-11 (new build, conversions, demolitions etc)
• Analysis of completions for public/ private sectors by region, impact of affordable housing market.
• Mix of flats and traditional housing – rapid growth in volumes of flats now reversed, share changes 2002-20112, future prospects (market saturation?).
• Market structure – stock of buildings in UK, ownership structure, housing stock by age of dwelling 2012 and 2050, average property prices, residential property transactions, etc.
• Factors influencing the housing market – New Buy (participants), Affordable Housing Programme, review of planning system, household projections, net immigration / household formations, etc.
• Overview of factors influencing use of MMC - Product review of OSM / MMC -, timber, steel frames, concrete - market volumes, mix (private / affordable) and trends etc.
• FORECASTS - SHORT & LONGER TERM PROSPECTS
• Forecasts of completions 2012-2016 – market volatility, short term prospects for 2012/13. Long term prospects for sector – rate of market recovery from downturn.
• Coalition Government - impact of Comprehensive Spending Review, affordable housing programme/budgets, Planning etc.
• Net Additional Housing – review of housing targets in England, review of confusion over new housebuilding and net additional housing (including conversions and change of use ) – comparison of forecasts against targets – scale of shortfall?
• Factors influencing timing and scale of recovery – completions, unsold stock, starts.