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ARCH annual report

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The ARCH annual report for 2015-16 is now available to view.

 

Download it here.

House building: Latest figures 23/06/2016

The DCLG has published the latest information on house building for the 12 month period to March 2016.

 

View the report.

 

The total overall number of newly built homes continues to rise and is now at the highest level since 2008/2009. 139,690 new homes of all tenures were completed in the year to March 2016 - a rise of 12% on the previous year figure of 124,490.

 

However, the figures reveal a slow-down in new house-building starts and completions in the last quarter.

 

  • House building starts in England were estimated at 35,530 (seasonally adjusted) in the last quarter of 2015/16, a 3% decrease compared to the previous three months and 9% decrease on a year earlier.
  • Completions were estimated at 32,950 (seasonally adjusted), 9% lower than the previous quarter and 3% lower than a year ago.
  • Private enterprise housing starts (seasonally adjusted) were 3% lower in the March quarter 2016 than the previous quarter whereas completions were 7% lower.
  • Starts by housing associations were 9% lower compared to the last quarter and completions 24% lower.

 

The figures also show that the number of homes completed by local authorities in the 12 months to March 2016 was 1,890 - up from 1,380 completed in the 12 month period to March 2015.

 

The number of new homes started by local authorities in the 12 month period to March 2016 was 1,480 - down from the figure of 1,890 started in the 12 months to March 2015 and significantly less than the 2,200 homes started in the 12 month period to March 2014. This reflects the continued uncertainty over the changes to the Housing Revenue Account self-financing system introduced in the Housing and Planning Act and Welfare Reform and Work Act.

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