Their survey has showed that in the last quarter 15% more surveyors across the UK reported they expect workloads to increase over the coming 12 months. This is reflected in the increase in reported workloads in the period Oct-Dec 2012.
A net balance of 6% more respondents indicated that activity had increased, with the most substantial gains being seen in infrastructure and private commercial development.
Simon Rubinsohn, RICS Chief Economist, said: “After a truly dreadful year, if one believes the official data, there are signs that 2013 will bring some better news for the construction sector.
“Most notably, the numerous measures that the government has introduced with a focus on infrastructure appear to be bearing some fruit.
“Critically, competitive pressures in the sector remain intense which is continuing to erode profit margins.
“And for the time being financing constraints are still an issue although the Funding for Lending Scheme should gradually help to ease this challenge.”