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Housing starts rose over summer 2018

Words: Laura Edgar
Small housing development / iStock: 172246561

There were an estimated 44,740 new-build dwelling starts in the second quarter of 2018 – a 12 per cent increase compared with the first quarter. This was also a 12 per cent increase on the same period a year earlier.

The statistical release published by the Ministry of Housing, Communications and Local Government also estimates that there were 41,270 completions in July, August and September 2018, the same as the previous three months, and 3 per cent higher than a year earlier.

In the year to September 2018, new dwelling starts totalled 166,400, 1 per cent more than a year earlier. Completions for September 2017 to September 2018 totalled 163,420 – 6 per cent more than the previous 12 months.

Other statistics in the release include:

  • 14 per cent rise in new-build starts by private firms in the second quarter compared with the first.
  • 9 per cent increase in new-build starts by housing associations in the second quarter compared with the first.
  • 161 per cent increase in starts since the March quarter in 2009, but 9 per cent fewer than the March quarter 2007 peak.

House Building; New Build Dwellings, England: September Quarter 2018 can be found here on the UK Government website (pdf).

Image credit | iStock