Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Official data show completions fell 10% in the second quarter of the year
Housebuilding starts and completions fell in the second quarter of the year according to official figures, the first fall in housebuilding seen since the initial recovery from last year’s spring lockdown.
The Department for Levelling Up, Housing and Communities’ “indicators of new supply” figures, which are not seen as definitive numbers but which are reliable indicators of trends, reported that on a seasonally adjusted basis, 42,900 homes were started in the three months to June, a five per cent decrease on the on 45,160 started in the first three months of the year.
…
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now