Alastair Stewart

Alastair Stewart

Alastair Stewar has almost 30 years experience of the construction industry as equities analyst, journalist and columnist. He writes a monthly column on the residential market for Property Week and sits on the housebuilding panel of the Experian Construction Forecasting Committee.




  • For sale signs_credit_shutterstock_Willy Barton_1309929943

    Light at the end of the tunnel


    We’ll build again. But, even after the PM’s exhortation for construction workers to be “actively encouraged” back to site, it’s not entirely clear where or when. One thing’s clear, though: nothing will ever be quite the same in property.

  • Empty construction site

    The cash preservation society


    “Cash is king.” Never has that well-worn business maxim been more imperative than now, as the country locks down in response to the global coronavirus pandemic.

  • Houses being built

    So much for the brighter outlook


    Just when things were looking up, along came a global pandemic.

  • Estate agent window

    London estate agents make hay


    “We’re now going to sealed bids on houses that we couldn’t get a single viewing for a few months ago.” This view from a south London estate agent is no flash in the pan. After many months in the deep freeze, the capital’s housing market seems to have thawed.

  • Boris in hard hat

    Boris has redrawn property map


    Boris Johnson’s election victory was as much of a landslide in tectonic terms as political. Britain’s regional red and blue plates have not so much slid as flipped and the aftershocks could reverberate across the property market for years to come.

  • Modular home

    Can we crack modular housing?


    For decades, modular housing has been the sector’s equivalent of nuclear fusion: the imagined fount of limitless supply has always been just over the horizon… but never quite within reach.

  • Construction of houses

    Brexit chaos hits housebuilders


    The Muppets, sorry, members of parliament have connived against leaving the EU by today and the chaos our self-serving representatives have visited upon the land is already evident in a slew of profit warnings from some of the housing sector’s hitherto most dependable operators.

  • Brexit chess pieces

    Call time on our Brexit purgatory


    “JUST GET ****ING ON WITH IT!” Not the war cry of a hardline Brexiteer, but the plaintive refrain (give or take the adverb) from some dozen property people I’ve chatted to over the past month or so – all of whom voted remain, but now long to get on with ...

  • Closed down shop

    CPOs: a four-point mini manifesto


    Compulsory purchase orders are “as close as the property industry gets to an authoritarian state”, according to a widely respected contact in the residential sector, who is no stranger to CPOs. My view: they should be used sparingly. But they should be used.

  • Kier

    Kier should look back not forward


    Kier doesn’t need ‘Future Proofing’ (the title given to its largely ineffectual turnaround programme). It needs past-proofing, or at least recent-past-proofing.

  • Purplebricks

    Out with the new, in with the old


    Purplebricks, the “world-leading hybrid estate agency” has, it admitted on 7 May, “made sub-optimal decisions in allocating capital”. That’s the best euphemism I’ve seen for “lost money”.

  • London white Edwardian houses

    Resi volumes pick up in London


    Whisper it, but something seems to be stirring in the hitherto moribund London residential market. People have stopped fretting about Brexit and started buying and selling houses again.

  • London houses

    Death of cul-de-sac exaggerated


    Typical blooming architect! Fellow PW columnist Jo Cowen recently heralded the “death of the cul-de-sac” in a tirade against housebuilders. Well I live in one and I reckon society would benefit from more culs-de-sac and less architectural hauteur.

  • Corbyn

    Brexit isn’t the real market threat


    2019: it’s the year of living dangerously, not least for forecasters. I aimed to do a ‘year ahead’ piece in January, but the politicians kept moving the goalposts. Forget trying to predict how the year will unfold; writing even a week ahead of publication threatens serious pratfalls.

  • Roger Scruton cr Alexandros Michailidis shutterstock_1098445052

    Government’s housing Luvvies are all style and no substance


    Everything’s been tried: Help to Buy, lifting council house building caps, modular homes. But still the government is nowhere near to hitting its target of 300,000 new homes a year. There’s only one solution. Call in… The Luvvies.

  • Tom Bloxham NEW november 2018

    Ideas not land are the building blocks for today’s housing entrepreneurs


    “Where are the new Lawrie Barratts?” incoming housing minister Kit Malthouse beseeched his audience at Property Week’s RESI Conference in September.

  • London houses

    Autumn Budget: trick or treat?


    With a distinct chill in the air and with only two days before Halloween, did an increasingly ghoulish-looking chancellor deliver more tricks or treats for the property sector?

  • Theresa May dancing

    Theresa May dances back to the days before Thatcher’s housing revolution


    Mrs T must have turned in her grave. Last week, her latest successor ushered in a return to mass council house building, undermining the defining policy of the Thatcherite revolution.

  • Malthouse RESI 2018

    Malthouse’s housing figures didn’t add up for industry audience at RESI


    Rarely has a new housing minister inherited more of a numbers game than the latest incumbent. Problem is, numbers might not be Kit Malthouse’s strongest point. Nor his aides’.

  • Barratt houses_shutterstock_763044883_cred Ceri Breeze

    The tide appears to be turning for quoted housebuilders and the wider industry


    Government policy and the more prosaic question of margins vied for attention during the latest round of results

More by Alastair Stewart