The annual total is the highest since 2007, 152% above the trough in the March quarter of 2009. However starts are still 12% below their March quarter 2007 peak.
In the first three months of this year, seasonally adjusted starts stood at 43,170, up 21% on the same quarter last year and up 3% on the last quarter. Of these 36,470 were private starts – 22% up year on year.
The figures also show that 147,960 new build dwellings were completed in the year to March 2017, which is 6% higher than in the year to March 2016. Private enterprise new build dwelling completions were 9% higher than the previous year, whilst completions by housing associations decreased by 5% on an annual basis.
The number of new homes being built in England is at its highest level for ten years, according to government figures.