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Housing Today
Trusted media brand of the Chartered Institute of Housing
Private housing starts expected to halve in 2020
Latest CPA forecast is significant improvement on the 60% drop expected in the summer
The number of private housing starts is expected to drop by 48% before staging a partial recovery next year, according to the latest forecasts from the Construction Products Association (CPA).
The forecast also predicts that the number of private homes completed will drop by 24%, while the overall value of housebuilding construction will fall by 21% - or around £9bn – this year.
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