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.
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