Stagnant building materials market set to drag into 2026, BMF forecasts
Construction News (UK)
AI Article Summary
The building materials market is experiencing stagnation and is not anticipated to bounce back until mid-2026, as reported by the Builders Merchants Federation (BMF). The BMF's Winter Forecast has reduced its annual sales growth expectations for 2025 from 2.5% to 1.4%. This forecast reflects a significant downturn in market recovery predictions over the next few years.
What This Means for Canadian Contractors
For Canadian builders, this means that the cost of building materials is unlikely to decrease soon, potentially affecting project budgets and timelines. The extended stagnation could lead to delays in securing materials, thereby impacting the overall supply chain. Contractors might need to explore alternative materials or sources to maintain project efficiency.
