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New-build starts fall in England, Wales and Northern Ireland

Words: Huw Morris
New homes / iStock: 181857721

The number of new homes in England started in the second quarter of the year has fallen significantly by 10.5 per cent, according to latest figures.

A total of 38,020 new builds were started between April and June, down from 42,480 in the same period of 2018.

The Office for National Statistics’ housebuilding data shows that new-build starts between April and June fell by 1.7 per cent from 38,670 in the first quarter.

However, the number of new properties in England completed in the second quarter rose by 10.8 per cent to 46,960 compared with last year’s 42,370.

This was the second highest rate since the fourth quarter of 2007, which saw 49,050 completions. The number of completions has now passed 40,000 for six of the past nine quarters.

In Wales, new-build starts fell by 7 per cent from 1,820 in the second quarter of 2018, to 1,690 this year. However, this was up from the 1,390 recorded in the first quarter of 2019. Similarly, 1,600 new-builds completed was an increase from 1,330 between January and March this year.

Northern Ireland saw a 30 per cent decline in new starts over the same time frame to 1,820.

For the financial year 2018-19 a total of 202,460 new-builds were started across the UK – an increase from 2017-2018’s 198,860. 

In 2018-2019, there were 203,780 new-builds completed in the UK, up from 192,150 the year before.

Image credit | iStock