Starts and completions fall year-on-year in latest sign of development slowdown

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Levelling Up department figures show 10.9% drop in completions, as minister insists 300k housing target achievable

The number of homes started and completed in the final quarter of 2021/22 is sharply down on the same period last year, in the latest set of data to suggest development is slowing.

Office of National Statistics figures published this morning show the total number of homes started in the quarter fell 7.3%, from 45,690 to 42,350, year-on-year. Completions were 10.9% lower in the quarteer compared to the same period in 2020/21 (see below)

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