According to the Department for Communities and Local Government housing statistics, a total of 115.620 new homes were completed in the year to 31 December 2012.
This represents an increase of just 1% on the previous year.
The latest reported level of completions is still 35% below the peak of 177,000 for the year to 31 December 2007.
New Home completions fell throughout 2008 and 2009 to a low in the year to 31 December 2010, with just 107,000 new homes being built.