Quarterly House Building Stats Out Today from MHCLG – COMMENT from Michael Stone, CEO of new build specialists, Stone Real Estate

October 3, 2019
new build homes essex uk

The Ministry of Housing Communities and Local Government this morning released its latest data on new house building completions and starts to June 2019 (England).

See https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/835887/House_Building_Release_June_2019.pdf

The upshot is that they are broadly positive, particularly completions, at 45,190 homes built in the April to June period, UP 4% on the last quarter and UP 11% year on year. Housing Association completons are considerably higher at 20% stronger year on year!

However, housing starts are down and we wonder if this bodes badly for the next quarter’s figures?

In any case, Michael Stone, Founder and CEO of Stone Real Estate, the specialist new homes estate agent has this comment for you:

“On the surface, these latest numbers are extremely encouraging and tell a positive story in so far as overall new homes supply with house builders delivering on 11% more than a year ago. This is no mean feat given current political headwinds and economic uncertainty and is surely testimony to our teflon-like aspirations as a property owning nation.

In particular, affordable homes have seen a big spike in completions and this has to be warmly welcomed given that this is where the biggest deficit in housing provision lies. 

However, celebrations at solving the bottle-neck of housing supply will be short-lived if the downturn in ‘starts’ is not reversed in the next set of numbers. These latest MHCLG numbers point to a reduction in dwellings started of 2% quarterly and 8% year on year. This is no seasonal blip and our house-builder friends and local authorities alike will need to work hard to dig-down, literally, in order to ensure that the positive trend in housing supply continues to come close to meeting demand”.  

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Nationwide extends six times lending to home movers and remortgage

Nationwide enhances support for people looking to move up the property ladder or get a new mortgage deal Five-fold increase in Nationwide loans to first-time buyers at or above 5.5x income in 2025, compared to 2024 Increased first-time buyer support follows regulatory changes to improve affordability Nationwide is today announcing a major boost to the…
Read More →
Breaking News

Breaking Property News – 21/1/2026

Daily bite-sized proptech and property news in partnership with Proptech-X.   Jon Cooke steps down as Non-Executive Director at GPEA Jon Cooke will continue to focus on innovation within the property sector Jon Cooke has stepped down from his role as Non-Executive Director at GPEA, the business that owned Fine & Country and The Guild…
Read More →
Breaking News

UK Finance Buy-to-Let Mortgage Market Update

UK Finance today releases its buy-to-let (BTL) mortgage market update for Q3 2025, looking at trends in lending to borrowers accessing the market. In Q3 2025 there were 59,467 new buy-to-let loans advanced in the UK, worth £10.9 billion. This was up quite significantly compared with the same quarter in the previous year, 22.7 per…
Read More →
Breaking News

ONS Private Rent and House Prices Index

Average UK monthly private rents increased by 4.0%, to £1,368, in the 12 months to December 2025 (provisional estimate); this annual growth rate is down from 4.4% in the 12 months to November 2025. Average rents increased to £1,424 (3.9%) in England, £822 (5.7%) in Wales, and £1,018 (2.8%) in Scotland, in the 12 months…
Read More →
Breaking News

UK House Price Index November 2025

The latest index shows that: The average monthly rate of house price growth in November was +0.3%. Average UK house price annual inflation was 2.5% in the 12 months to November 2025, up from the revised estimate of 1.9% in the 12 months to October 2025. As a result, the average UK house price currently…
Read More →
Breaking News

Industry Comment on UK inflation rising to 3.4%

UK inflation rises for the first time in 5 months. Industry reactions on UK inflation rising to 3.4% Nathan Emerson, CEO of Propertymark: “To witness inflation creep back upwards again will no doubt be disappointing for many consumers who will have been hoping to see a drop as we move further into the first quarter…
Read More →