# UK Housebuilders Update

_UK housebuilders are out of favour. But that’s exactly when companies often offer the best long-term opportunities._

Neil Woodford · 11 June 2025 · 2 min read

![UK Housebuilders Update](https://cdn.sanity.io/images/v3acfbvo/production/ae957e430ac3eb4f698aabe5eb28eb4b800df182-5211x7812.jpg?w=1600&fit=max&auto=format)

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Following yesterday’s blog (Oikophobia and the decline narrative), I thought I should follow up with some uplifting real evidence of a better economic outlook.

Towards the end of May, Forterra, one of the businesses I follow, announced its AGM trading update.

By the way, Forterra is one of the UK’s leading building materials companies. It is focused on manufacturing and distributing clay bricks and concrete construction products.