Log in | Register
26/03/2018

New build starts up year on year, suggest government statistics

Words: Laura Edgar
Increase in students become licentiate members of the RTPI / iStock-696418376

In the year to December 2017, annual new-build starts totalled 162,180, up 5 per cent when compared with the year to December 2016, according to the latest government statistics.

Completions for the same period have been recorded at 163,250, an increase of 16 per cent compared with the year to December 2016.

In the December 2017 quarter (October, November and December), new-build starts have been estimated at 41,280, which is 5 per cent higher than the previous three months, but 1 per cent down on a year earlier.

According to the statistics, there were 42,860 completions, 7 per cent higher than the previous quarter and 17 per cent higher than the December 2016 quarter.

Private sector new-build dwelling starts have been recorded as being up 8 per cent in the December 2017 over the December 2016 quarter. Completions were up by 7 per cent.

Housing associations also increased the number of new builds they started, up 2 per cent in December 2017 when compared with December 2016. Completions were 1 per cent higher.

The statistical report states that all starts are now 141 per cent above the March 2009 quarter, but 16 per cent below the March 2007 quarter peak.

House building; new build dwellings, England: December Quarter 2017 can be found on the Ministry of Housing, Communities and Local Government website (pdf).

Image credit | iStock

Tags