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Housing starts up but completions down

House building starts in England have jumped by 18 per cent in the September quarter, to 25,670.

The seasonally-adjusted figures from the Department for Communities and Local Government also show that completions declined 7 per cent to 27,060.

Housing starts remain three per cent below the level a year ago.

Starts are now 52 per cent above the trough in March 2009, but 45 per cent below the December 2005 peak. The figures have been broadly stable for the past 10 quarters.

Private enterprise starts jumped 15 per cent higher than the pervious quarter, while housing association starts were up 23 per cent.

Private completions declined 6 per cent, while association completions dropped 14 per cent.

Housing starts totalled 98,020 in the past 12 months, down nine per cent on the previous year.

Completions were up six per cent on the year, at 117,190.

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