COVID-19 delay on property completions in cities in UK 2020-2022

One of the expected impacts of the coronavirus (COVID-19) that brought the world to a halt in the first quarter of 2020 is the disruption to normal business activities and supply chains. The effect spreads through various industries and with the assumption of a six-month delay in construction activities, the forecast suggests property completions planned for 2020 in cities in the United Kingdom (UK) could decrease by more than one third, leading up to more completions in 2021 than originally planned. For more information on the Statista coverage of the coronavirus in the UK, see our dossier.

Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022

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Source

Release date

April 2020

Region

United Kingdom (England)

Survey time period

2020

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