The number of newly built UK homes has increased 6% in the past year 25 August 2016 property news @onthemarketblog
The number of newly built homes has increased 6% in the past year, new figures released today (25 August 2016) show. The latest house building data shows that 139,030 new homes were completed in the year to June and have continued to build gradually over the last 2 years. More than 144,280 homes were started in the year to June 2016. Meanwhile, figures from the Council of Mortgage Lenders show there are more first-time buyers than at any time since 2007, with 72,800 in England in the second quarter of 2016. Communities Secretary Sajid Javid said: We’ve got the country building again with more new homes started and built than this time last year. This is real progress but there is much more to do. That’s why we are going further and increasing our investment in house building to ensure many more people can benefit. House building across the country Today’s figures show strong regional growth in London, Swindon and Wakefield, which are all experiencin...