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Keep up to dateBy 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.
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