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Housing Today
Trusted media brand of the Chartered Institute of Housing
Peabody doubles housing starts to over 800
But half year trading update shows housing association’s completions flat on last year
Housing association Peabody more than doubled the number of homes it started construction on in the first half of the financial year, according to a trading update issued today.
The 67,000-home landlord said it started work on 801 homes in the six months to September this year, up from just 390 in the period last year, which encompassed the first spring covid lockdown.
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