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HCA publishes residential property data
03/12/10
Edited by Tom Bardsley.More than 21,000 new houses were completed under Homes and Communities Agency (HCA) delivery systems during the six-month period leading up to 30th September.
New figures from the organisation revealed over 17,500 residential properties were also started during this time, an increase of nearly 4,000 on the same timeframe in 2009.
Chief executive of the organisation Pat Ritchie said the report showed improvements despite it being "challenging times".
"We are working hard to ensure that the supply of new affordable homes retains its momentum," she explained.
Of the homes that began construction over the last half-year, 69 per cent are for social rent purposes, while the remainder are for intermediate rent or low-cost home ownership.
Around 50 per cent of completed dwellings were built in London, the south-east and east of England.
At the beginning of this month, the HCA reduced the number of regions from which it operates down from eight to five, while its London duties have been merged with the Greater London Authority.
