According to the latest construction market survey from RICS, more professionals in the construction sector saw workloads rise during the first quarter of 2013 than at any time since the end of 2007.
Over the last three months, the number of surveyors reporting an increase in their workload was up by 10%. Key to this increase was the boost in private housing construction. While still historically low, the boost in house building would suggest that some of the government initiatives are starting to work.
However, nationwide, there were regional variations. While London, the South East and the Midlands saw growth in construction, Northern Ireland and Scotland continue to see workloads slip. The sector in these parts of the UK remains particularly depressed and shows no immediate signs of improving.
Going forward, surveyors expect the current more positive trend to continue. A net balance of 27% more respondents expect workloads to rise over the coming 12 months.
The increase in construction projects and the expectation of further gains, however limited, resulted in a welcome rise in job expectations. 22% percent more chartered surveyors anticipate employment levels rising over the coming year but the profit outlook is projected to remain depressed.
Simon Rubinsohn, RICS chief economist, said: 'Although it's far too early to start talking about a recovery in the construction sector, the rise in output at the beginning of the year is a little better news. The government's attempts to stimulate the market seem now to be having some impact but there are still significant challenges to be overcome. In particular, the availability of finance and planning related issues continue to present obstacles to development'