Tuesday 12 June 2012

Latest housing figures from the HBF


Some positive news from the the Home Builders' Federation Pipeline report this month, which has revealed that planning permissions have increased 10% year-on-year in the first quarter of 2012 with a 33% increase on the previous quarter. 

The full details show that in Quarter 1 2012, 36,761 English homes were granted approval against 27,732 in Quarter 4 2012, and 33,450 in Quarter 1 2011.

The results confirm a significant increase for private approvals with 31,078 approvals - a 37% rise on Quarter 4 2011 and an 18% increase on Quarter 1 2011.

On the negative side, social housing approvals have suffered during Quarter 1 to 4,313 which is a disappointing 28% reduction on 12 months earlier.

Latest industry news brought to you by Pinnacle Consulting - recruitment for the building product sector. For more information on the HBF.

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