Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
In the first six months of the financial year, housing starts have seen sharpest decline
Total housing starts have decreased by over 22% in the first six months of this financial year, compared to the previous year, while housing completions are down by 8.7%, according to Homes England data.
In the first six months of the previous financial year, there was a total of 14,899 housing starts. Between 31 March and 31 September this year, the number of all housing starts dropped to 11,530, marking a decrease of 22%.
A total of 11,297 housing completions were delivered in England through programmes managed by Homes England in the first half of this financial year, while 12,377 homes were completed in the same period last year.
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