CLG housing completions and starts

The Department of Local Communities and Local Government (CLG) have today released House Building  Statistics for June quarter 2015 in England.

Seasonally adjusted house building starts in England are estimated at 33,280 in the June quarter 2015, a 14 per cent decrease compared to the previous quarter, the seasonally adjusted level of starts in the June quarter 2015 decreased by 6 per cent on the same quarter a year earlier.
Seasonally adjusted completions are estimated at 35,640 in the June quarter 2015 , 4 per cent higher than the previous quarter. The seasonally adjusted level of completions in the June  quarter 2015 increased by 22 per cent on t he same quarter a year earlier.
Henry Gregg, Assistant Director of Campaigns at the National Housing Federation commenting on the figures reportedly  said:

“Britain is in the grips of a housing crisis, and at the centre of this huge national issue is the fact that we’ve failed to build enough homes for a generation or more.

“Today’s figures are encouraging as they show housebuilding is at its highest level since 2008.  However, we need to continue to increase our efforts as a nation to build the homes that are desperately needed. Last year alone we built less than half of the homes needed, pushing house prices and home ownership further out of reach for millions of families and young people.

“Housing associations are building across the country and are valuable potential partners for government to get even more homes built. We want to work together to end the housing crisis and provide quality affordable homes to everyone who needs them.”

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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