Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Fall in starts and completions may reflect supply chain shortages and cost rises
Housebuilding starts and completions both fell back in the three months to September last year as supply chain shortages intensified, according to official figures.
Data compiled from building control numbers, published by Department for Levelling Up Housing and Communities, showed that seasonally adjusted housing starts fell back by 5% quarter-on-quarter in the third quarter last year to hit 42,400 – albeit still up sharply on the same period in 2020.
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