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Thursday, October 3, 2019

Housebuilding falls to slowest quarterly rate for three years

Figures show new housing starts fell to 160,640 in June, 1% lower than a year ago

Housebuilding across England has fallen to the slowest quarterly rate for three years, according to official figures, despite a promise by the government for a home-building revolution.

Figures published by the housing ministry showed construction began on 37,220 homes in England in the three months to June – 8% down on the same period a year ago, and the lowest quarterly number of new home starts since 2016.

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from Property | The Guardian https://ift.tt/32YTWg8
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