Wednesday, 28 February 2018

31% Increase In Market Sale By Housing Associations


Housing associations sold 31% more homes on the open market in the last quarter than the previous one, the Regulator of Social Housing (RSH) has said. The RSH’s quarterly survey revealed that 1,171 market sale units were sold in the period from October to December 2017, up from 897 in the quarter before. It was also a 7% increase on the same period in 2016, when 1,094 units were sold. Revenue from these sales was lower than forecast, however, standing at £700m, compared to the forecast of £834m. According to the regulator, the difference between forecast and current asset housing sales “is concentrated in a small number of providers”. Read more on Inside Housing.

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