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English new-build starts on the rise

Words: Laura Edgar
New house starts | iStock-175157265

New-build home starts in England rose by 3 per cent in the last quarter to 43,170 in the latest quarter to 31 March, compared with the previous three months.

The Department for Communities and Local Government (DCLG) housing statistical release also notes this is a 21 per cent increase on the same quarter in 2016.

The number of completions for the three months to 31 March 2017 is estimated to be 39,520 – 9 per cent higher than the previous quarter and 21 per cent higher than the same period in 2016.

In the year to March 2017, there were 162,880 new-build dwelling starts, an increase of 15 per cent when compared with the year to March 2016. Completions in this period totalled 147,960, up 6 per cent on the previous year.

The private sector made 4 per cent more new-build dwelling starts and 12 per cent more completions in the March quarter 2017 than in the previous three months. Housing associations made 2 per cent more starts and 5 per cent more completions in the same period compared with the March quarter in 2016.

The statistics can be found here (pdf).

Image credit | iStock