New Home Owners And Snagging Forum

Advice on buying a brand new home => General discussion => Topic started by: Philofacts on June 15, 2011, 04:58:38 pm

Title: NHBC data shows new home starts down for second quarter running
Post by: Philofacts on June 15, 2011, 04:58:38 pm

NHBC data to the end of May show that there have been 27,150 homes started in the UK in the period from March to May 2011.
As was the case in the April report, this represents a 16% decrease when compared to the same period in 2010.

The NHBC say that "activity in May picked up from the levels seen in April with 9,150 starts. Rolling 12 months statistics show that were 103,050 starts in the UK (compared to 102,900 for the preceding 12 month period)."

Title: Re: NHBC data shows new home starts down for second quarter running
Post by: Fred on June 16, 2011, 08:50:41 am

The housebuilders are not going to build new homes if there are no buyers around.