Housebuilding activity registers decline for the first time since lockdown

Housebuilding

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.

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