Monday, 25 October 2010

CLG: Number of New Homes Built Falls to Record Low

The number of new homes that became available in England dived to a record low during the past year, figures show.  The housing supply increased by just 128,680 properties during 2009/10 - the lowest annual level since records began in 2000 and 23% down on the previous year, according to Communities and Local Government.  The fall was largely driven by a drop in new-build properties, which accounted for 97% of the total, with the rest made up of converted buildings and changes of use.  Download a copy of the report, “Net supply of housing 2009/10, England” from the CLG website.

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