The number of planning permissions granted for new homes
in Q1 of this year remained high, HBF and Glenigan’s latest Housing Pipeline
report shows. Permissions for 66,102 homes were granted in the first three
months of the year in England, up 4% on the previous year. The Moving Annual Total has now recovered to
just short of the pre-crash peak in the 12 months to March 2008, and is ahead
of the levels in 2006 and 2007, suggesting house building can continue
increasing to meet the very high level of demand for new homes. Whilst many of
these permissions still have some way to go before builders can start building them,
the figures are a strong indicator of future supply. Read more on the HBF website.
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