13:41 PM, 29th January 2020, About A year ago
The Ministry of Housing, Communities and Local Government has released its latest quarterly statistics for new build dwellings in England as a leading indicator of overall housing supply. Click here for the full report.
Seasonally adjusted new build dwelling starts are estimated at 39,510 in the September quarter 2019, a 2% increase compared to the June quarter 2019. Compared to a year ago, starts this quarter are down by 11%.
Starts are 19% below their March quarter 2007 peak and are 130% above the trough in the March quarter of 2009.
Seasonally adjusted starts were up 3% in the private enterprise tenure compared to the June 2019 quarter while there was a 4% decrease for housing associations in the same period.
Starts by local authorities increased, but this sector is small and the figures can be quite volatile.
September quarter 2019 Completions were estimated at 46,000 (seasonally adjusted) in the September quarter 2019, a 2% increase from the previous quarter and 11% above their level in the same quarter a year ago.
Completions are now 5% below their peak in the March quarter 2007 and 82% above the trough in March quarter 2013. There was a 5% increase in the seasonally adjusted completions in the private enterprise tenure compared to the June 2019 quarter, while there was a 14% decrease in seasonally adjusted completions in the housing association tenure in the same period.
Completions by local authorities decreased but this sector is small and the figures can be quite volatile.
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