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House building slowed in Q3, says CLG
18/11/10
Edited by Andy Jowett.House building in England suffered a slowdown during the third quarter of the year, according to the latest government figures.
Statistics from the Department for Communities and Local Government show both starts and completions of residential property had declined compared with the previous three months.
Builders broke ground on 25,870 new homes between July and September, down nine per cent on the figure for April to June.
This was 67 per cent above the low reached in the opening quarter of 2009 but still 48 per cent down on the peak achieved in January to March 2007.
Private property starts were seven per cent lower in the third quarter compared to the previous three months at 20,780 units.
Social housing starts were 14 per cent down at 4,810 homes.
The CLG said property completions fell from 26,600 units between April and June to 26,470 in July to September.
In the private sector, 21,540 dwellings were finished.
Meanwhile, tradesmen delivered 4,790 social units - down 16 per cent on the previous quarter.
In related news, the Home Builders Federation recently urged house hunters to support the UK construction industry by buying new rather than previously owned properties.
