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Tag: completions

118 000 a number to remember – 240 000 a number best forgotten

118 000 a number to remember – 240 000 a number best forgotten

118,000: The number of new homes that were completed in England in 2009, according to the latest official data. 240,000: The number of new homes to be created annually in England from 2016, according to the targets set when Yvette Cooper, Minister for Housing and Planning at the time, announced the launch of the Government’s Housing Green Paper – “Homes for the future: more affordable, more sustainable” on 23 July 2007. It all looks pretty grim, with house building numbers…

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House building figures show huge jump in starts and completions

House building figures show huge jump in starts and completions

There were two big boosts in the numbers released today for house builders. First, the latest Government data on homes built in England are by far the best for more than a year with a massive leap in the quarter to June. Second, gross mortgage lending in July was up 26% on June, according to the Council of Mortgage Lenders. These figures suggest a continued and reasonably strong improvement in both the housing market and in house building.