Sunday, 2 March 2014

New housing starts are at their best since 2007

New housing starts in England increased by 23% in 2013 when compared to 2012. This is the highest level seen since 2007, according to government figures recently released -  great evidence of what we are all feeling is happening: that the housing industry is looking healthy again.

Figures show that during 2013, 122,590 new homes were started and since April 2013, private starts rose by 29% compared to the same period in 2012.

The Home Builders Federation said that the figures showed a returning confidence to the housebuilding industry, fuelled by the launch of the Help to Buy equity loan scheme last Spring.

“It is now clear, after a number of difficult years that saw housing supply levels drop to a record low, that housebuilding is now increasing significantly,” said HBF’s executive chairman Stewart Baseley.

“Help to Buy is increasing demand for new homes and the industry is responding. People’s inability to buy in recent years has been the biggest constraint on the industry’s efforts to build more homes.”

This is great news for building products manufacturers and distributors.

To look at the latest sales jobs in the building products industry click here.

Image: "Planning Home" from here

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