{"id":535612,"date":"2026-01-08T11:56:19","date_gmt":"2026-01-08T11:56:19","guid":{"rendered":"https:\/\/www.constructionnews.co.uk\/?p=535612"},"modified":"2026-01-08T11:56:19","modified_gmt":"2026-01-08T11:56:19","slug":"stagnant-building-materials-market-set-to-drag-into-2026-bmf-forecasts","status":"publish","type":"post","link":"https:\/\/www.constructionnews.co.uk\/supply-chain\/stagnant-building-materials-market-set-to-drag-into-2026-bmf-forecasts-08-01-2026\/","title":{"rendered":"Stagnant building materials market set to drag into 2026, BMF forecasts"},"content":{"rendered":"<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:edb39e00-9f72-4af7-a1e2-dda989b04e9d-1\" data-testid=\"conversation-turn-2\" data-scroll-anchor=\"false\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"aa38ccfb-1c82-4904-bf02-89a587e0b77c\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"77\" data-end=\"230\">Growth in the building materials market has stalled and is not expected to recover before mid-2026, according to the latest Builders Merchants Federation (BMF) data.<\/p>\n<p data-start=\"232\" data-end=\"473\">The BMF\u2019s Winter Forecast downgraded its annual sales growth projection for 2025 from 2.5 per cent to 1.4 per cent, citing a sharp slowdown in the second half of the year.<\/p>\n<p data-start=\"232\" data-end=\"473\">It also lowered its 2026 growth forecast from 3.1 per cent to 2.3 per cent.<\/p>\n<p data-start=\"475\" data-end=\"675\">The forecast, compiled using data from the Builders Merchants Building Index, pointed to subdued GDP growth of 0.1 per cent, falling consumer confidence and a housing market slowdown as key headwinds.<\/p>\n<p data-start=\"677\" data-end=\"996\">A recovery in early 2026 now depends on intervention, according to BMF chief executive John Newcomb.<\/p>\n<p data-start=\"677\" data-end=\"996\">The forecast includes a lower-bound growth estimate of 1.2 per cent and a best-case scenario of 3.7 per cent, which the BMF said would require direct government stimulus in areas such as housebuilding and domestic repair, maintenance and improvement (RMI).<\/p>\n<p data-start=\"998\" data-end=\"1306\">Newcomb said the housing slowdown in the third quarter of 2025 had stalled the tentative growth seen in the first half of the year.<\/p>\n<p data-start=\"998\" data-end=\"1306\">\u201cHousebuilders adopted a cautious approach ahead of the Autumn Budget, which ultimately fell short of delivering the stimulus required to reignite the housing market,\u201d he said.<\/p>\n<p data-start=\"1308\" data-end=\"1680\">He added that further government intervention was needed to revive sales in both the new-build and RMI sectors.<\/p>\n<p data-start=\"1308\" data-end=\"1680\">Measures proposed by the BMF include incentives for first-time buyers, action on brownfield land, publication of the delayed Warm Homes Plan and Future Homes Standard, and full delivery of the Social and Affordable Housing Programme.<\/p>\n<p><em>Source: BMF announcement<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Growth in the building materials market has stalled and is not expected to recover before mid-2026, according to the latest Builders Merchants Federation (BMF) data. The BMF\u2019s Winter Forecast downgraded its annual sales growth projection for 2025 from 2.5 per cent to 1.4 per cent, citing a sharp slowdown in the second half of the &#8230;<\/p>\n","protected":false},"author":135716,"featured_media":480449,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[78193,57171],"tags":[],"class_list":["post-535612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data","category-supply-chain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stagnant building materials market set to drag into 2026, BMF forecasts | Construction News<\/title>\n<meta name=\"description\" content=\"Growth in the building materials market has stalled and is not expected to recover before mid-2026, according to 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