Friday, 21 November 2014

Latest housing stats released by DCLG/HCA

The latest housebuilding statistics released by the government reveal a mixed set of results, but generally the figures show how far the sector has come in the last 12 months.

Private starts in England reached 27,300 in the three months to September 2014, this is 4.6% up on the same quarter in 2013.

But the figures from the Department for Communities and Local Government (DCLG) revealed that against the previous quarter (April to June 2014) private starts dropped 8%.

In total, private and public, 33,000 homes were started in the September quarter, a 10% drop on the previous quarter.

Private completions in the September quarter increased 9.6% to 24,280 against the same quarter last year. Compared to the previous quarter of this year, they climbed 3%.

Annual private starts in the 12 months to September 2014 climbed 19% to 112,270 compared to the 12 months to September 2013. And annual private sector completions increased 8% to 93,000.

Overall annual housing starts in the 12 months to September 2014 rose 16% to 138,640 against the previous 12 months.

The Homes and Communities Agency also released its latest housing statistics. During the first six months of its financial year (April 1 – September 30), the HCA saw a 26% rise in market home starts to 3,229 against the same period last year. The number of market homes completed increased 41% to 3,545.

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