Regional construction rockets 80% as cranes go up

Following yesterday's stats showing a 2008-trumping trough in London's second hand resi market during Q2, new data has turned the spotlight on what's been happening in the new-build market.

The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.

Construction workloads rose in Q2 2015 with 44% more respondents to the RICS' regular survey reporting higher activity levels (up from 37% on the previous quarter), driven by office development and private…