Brandon Lewis says the increase in the number of new
homes being built was "testament" to the government's efforts to
"fixing the broken housing market".
Figures from the ONS showed there were 26,230 new housing starts in
England between April and June, an 18% increase on the same quarter last year.
But scratch the surface and the figures tell a different story. Although up
significantly year-on-year, housebuilding starts are 26% below their March 2007
peak and completions remain 39% down. In the public sector starts by local
authorities dropped by a whopping 80% from 1,310 in the last quarter to just
260. And to add to their misery a further 2,845 council-owned properties were
sold off under the right to buy between April and June, a 31% increase on the
same quarter last year. Read more on 24dash.
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