Housebuilding rates are falling off a cliff - it’s time to act

By Clive Docwra 2020-10-07T05:00:00

The double-whammy of covid and Brexit means we need some state intervention if we are to have any hope of hitting housing targets

The new housing supply figures should be a wake-up call for the government as to the crisis in housebuilding. They show that both housing starts and completions are falling off a cliff.

The number of dwellings where building work has started on site was just 15,930 in the period April to June 2020 – a 52% decrease compared with the previous quarter – while the number of homes completed was just 15,950 from April to June 2020, representing a 62% decrease on the previous quarter and 64% below their level in the same quarter a year ago. They were also the lowest quarterly starts or completions since such records began in 2000.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community