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House building starts fall 10% in last quarter General

House building starts fall 10% in last quarter

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Cut the VAT Campaign November 2011
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Top Story
House building starts fall 10% in last quarter

Housing building starts in England fell for the first time in over two years in the three months to September.

The jitter in housing starts comes after many major house builders warned several months ago that demand among buyers had eased to more traditional levels after a strong Help to Buy surge.

This now appears to have translated into a fall in house building starts in the quarter to 33,000, around 3,500 fewer that the April-June period The activity level is just 1% up on the same period a year ago.

Public sector starts and registrations have been on the wane for several months as the Government funding period draws to a close. But the latest figures show both private (-8%) and public (-22%) housing sectors were down.

On the current trend house building activity looks to have peaked in the first half of the year at around 36,000 homes a quarter, well below Government targets.

Starts are now running a third below their March quarter 2007 peak.

Overall annual housing starts totalled 138,640 in the 12 months to September 2014, up by 16% compared with the year but worrying low for the build market to have peaked.

The picture for completions was brighter with the September quarter recording 31,130, up 5% on the previous quarter and 8% up on a year ago.

The Futures Group
New homes "Think Tank", The Futures Group, details how to rise to the challenge of delivering better homes for the consumer.
Contributors to The Futures Group include leading experts from national house builders, manufacturers and regulatory bodies.

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Thermal Performance Part L1A 2013
Fabric and services options for energy and carbon compliance.

Thermal Performance Part L1A 2013, download the document here

EU and International Masonry News



Environmental Product Declarations



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Aggregate Industries
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Precast Flooring Federation
United Kingdom Quality Ash Association
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Masonry Accredited Details

Housing Summit 2014
Housing summit
Tuesday 21st October 2014
09.30 till 15.30

Keynote speakers include:
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  • Kate Hall, Head of HS2 at Arup

Find out more and register here


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