Thursday, 13 August 2020

Housing Construction Output Remains At Half 2019 Levels

 Public housebuilding – which does not include housing associations – is worse affected than the private sector, the Office for National Statistics (ONS) has said, while repairs and maintenance construction is also well down on last year. The value of private new build housing construction work over the three months to June 2020 was 52.6% lower than in the same period last year, a record decrease since the ONS began publishing the data in January 2010. For the public sector, the drop was 56.9% – again a record fall. However, the value of private sector housebuilding in June soared a record 42.3% to £1.83bn on the previous month. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/news/housing-construction-output-remains-at-half-2019-levels-despite-june-surge-67482?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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