House building data for 2019 released by the Office For National Statistics shows that house builders completed more homes in England last year than at any point since the financial crisis.
Joseph Daniels, founder of offsite eco developer Project Etopia, said: “Before coronavirus brought the country to a standstill, the house building sector actually finished more homes in England last year than at any time since the financial crash.
“Last year’s 178,790 new homes beats the previous high set in 2007 when the industry completed 176,640 new builds. The statistics show that things were improving before coronavirus stopped the industry’s momentum in its tracks.
“With announcements this week from a series of large house builders about returning to site, thoughts will now be turning to how quickly the sector can get the construction rate back to where it was. Completions rose by nearly 9% between 2018 and 2019, which is an indication that the country was starting to make a real dent in the housing targets.”
Leave a Comment