This entry was posted on Monday, May 21st, 2007 at 9:23 am and is filed under Property news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
UK Property Market
independent property advice
6% Drop in New Houses Started Last Year
In the last 12 months fewer new homes were started, which accounted for a 6 percent overall decrease, from 184,906 to 173,369. At the same time, there was a rise in the number of completions, which went from 163,398 to 167,691. This adds up to the 22 percent registered in starts and 26 percent recorded in completions in the last six years. According to surveys, over the last 10 years the majority of homes were completed in the north-east, the east Midlands, Yorkshire And Humber, and east
As for the new homes, with 44 percent flats and maisonettes represent almost half of the new houses started in the first three months of 2007. Terraced houses come in the second place with 20 percent, while detached houses make up 19 percent of new property projects started. With 14 percent of new developments, semi-detached homes are on the fourth position.
This post was submitted by Steven Markanen. Steven is also one of the three orginal writer on London blog and has written many different press releases on the topic of uk cosmetic surgery.
- New Property Prices Fall by 3.4%
- Average Home Prices Up to £206,890 in March
- Newly built houses reach record price of £260,832
- The Buy-to-let Heaven Is in Wales
- Change of Course in the Introduction of Hips