Construction industry uncertainty rises as credit tightens and risk appetite wanes

The era of safe bets are over as economic factors and supply issues strangle the easy money and ushers in a cautious market environment.

The recent decline in consumer confidence due to rising interest rates and inflation, and the fall in the volume of new mortgage lending are sending a clear message to the real estate and construction sector, “challenging times are here”. Industry players who were squeezed by rising construction costs, supply chain and labour issues through the third quarter of 2021 and into 2022, now face a new challenge amidst a tightening credit environment, which is to maintain margins and cash flow to k...

Sign in below or register now to read the full article

Authors: Amanda Coneyworth, Will Colwell,

Published Date: 02 November 2022