Insert Logo text
Trusted media brand of the Chartered Institute of Housing
Housing Today
Trusted media brand of the Chartered Institute of Housing
Market sale profits slump for housing associations
Rocky housing market causes profits to fall by nearly one-third, says social housing regulator report
The UK’s shakey housing market caused profits from open market sales of homes built by private registered providers to slump by nearly one-third last year.
New figures from the social housing regulator show receipts from homes built by the sector for open market sale in the year to the end of March 2019 rose 7% to £1.5bn, but the profit on these sales fell 29% to £200m.
Login or Register for free to continue reading Housing Today
To continue enjoying housingtoday.co.uk, REGISTER FOR FREE
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
- Breaking industry news as it happens
- Gain access to Housing Today’s Specialist CPD modules
- Expert News and analysis
It takes less than one minute….
Join the Housing Today community - REGISTER TODAY
… or subscribe for full access - Subscribe now