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Housing Today
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Housebuilding completions drop 12% in first quarter
Official figures show impact of downturn, with completions slumping 42% in London quarter-on-quarter
Housebuilding completions for England have dropped by 12% in the first quarter of 2023, according to the latest official data.
The numbers from the Department for Levelling Up, Housing and Communities, show that housing completions between January and March fell to 39,970 on a seasonally adjusted basis, 12% below the level at the end of 2022, and 8% under the figure from the first quarter in 2022.
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