UK Housebuilding Falls To Slowest Quarterly Rate For Three Years

Housebuilding across England has fallen to the slowest quarterly rate for three years, according to official figures, despite a promise by the government of a homebuilding revolution. Figures published by the housing ministry showed construction began on 37,220 homes in England in the three months to June – 8% down on the same period a year ago, and the lowest quarterly number of new home starts since 2016. Annual new housing starts fell to 160,640 in June, 1% lower than a year ago. Read more on the Guardian website.

https://www.theguardian.com/society/2019/oct/03/housebuilding-falls-to-slowest-quarterly-rate-for-three-years