New Home Building Has ‘Fallen Significantly’ Since EU Referendum

Construction of new homes has fallen significantly since the EU referendum.House builders are also sceptical that the government’s target of building one million new homes by 2020 will be met. A poll of more than 400 housebuilding companies in England was carried out and is published shortly after the Chancellor confirmed ambitious housebuilding targets in the Budget. The survey shows just 38% of respondents had increased their rate of house building over the last year.  This compares to 50% of house builders when asked the same question in a previous survey in May 2016 before the EU referendum. Read more on 24housing.