{"id":4474,"date":"2019-03-29T00:49:06","date_gmt":"2019-03-29T00:49:06","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=4474"},"modified":"2019-03-29T00:49:06","modified_gmt":"2019-03-29T00:49:06","slug":"brexit-uncertainty-stalls-housing-starts-at-165000-a-year","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/brexit-uncertainty-stalls-housing-starts-at-165000-a-year\/","title":{"rendered":"Brexit uncertainty stalls housing starts at 165,000 a year"},"content":{"rendered":"

Housing starts stagnated at 165,160 in 2018, despite Government efforts to pump up housing supply to achieve its flaunted building target of 300,000 homes by the mid-2020s.<\/p>\n

After steadily growing in recent years from a trough of around 75,000 in 2009, starts have now stalled at the 165,000 level for two years, according to the Government’s own figures.<\/p>\n

The plateau is being blamed on Brexit uncertainty. And other indicators for new home registrations in the first few months of 2019 suggest starts could have peaked, ending nearly a decade of slow but steady growth.<\/p>\n

Last quarter of 2018 recent trend figures recorded private new build starts down 9% from the previous quarter, but completions edged up by 2%. Starts by housing associations are 11% lower compared to the last quarter, but completions are up by 4%.<\/p>\n

Total completions matched starts at 165,090, an increase of 1% compared with last year.<\/p>\n

\n

Annual starts and completions<\/h3>\n

\"\"<\/a><\/p>\n

The latest figures suggest that the Government will struggle to achieve higher completions unless it can spark local authority housing delivery.<\/p>\n

\n

Post war housing completions by tenure<\/h3>\n

\"\"<\/a><\/p>\n

More up-to-date figures for NHBC registrations suggest housing starts could well have peaked.<\/p>\n

For the rolling quarter, between December and February, 34,199 new homes registrations fell 2%. During this period private registrations fell -13% against last year while the smaller affordable homes sector rose by just over a third, offsetting much of the sharp private sector fall.<\/p>\n

Against the slight decrease overall in registrations, half of the 12 UK regions experienced some growth in this period, including London (+17%), the North West (+11%) and the South East (+9%).<\/p>\n

NHBC Chief Executive Steve Wood said: \u201cContinuing the trend from January we are seeing strong numbers in the affordable sector but an understandable drop in the private sector amid the ongoing Brexit uncertainty.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
NHBC – UK Registrations by region<\/span><\/th>\n<\/tr>\n
England \u2013 Regions<\/td>\nDec 18 \u2013 Feb 19<\/td>\nYOY change<\/td>\n<\/tr>\n
NORTH EAST<\/td>\n1,040<\/td>\n-24%<\/td>\n<\/tr>\n
NORTH WEST & MERSEYSIDE<\/td>\n4,128<\/td>\n11%<\/td>\n<\/tr>\n
YORKSHIRE & HUMBERSIDE<\/td>\n2,220<\/td>\n-4%<\/td>\n<\/tr>\n
WEST MIDLANDS<\/td>\n3,190<\/td>\n3%<\/td>\n<\/tr>\n
EAST MIDLANDS<\/td>\n2,448<\/td>\n-29%<\/td>\n<\/tr>\n
EASTERN<\/td>\n3,098<\/td>\n-25%<\/td>\n<\/tr>\n
SOUTH WEST<\/td>\n3,043<\/td>\n2%<\/td>\n<\/tr>\n
LONDON<\/td>\n4,594<\/td>\n17%<\/td>\n<\/tr>\n
SOUTH EAST<\/td>\n6,220<\/td>\n9%<\/td>\n<\/tr>\n
TOTAL ENGLAND<\/td>\n29,981<\/td>\n-2%<\/td>\n<\/tr>\n
SCOTLAND<\/td>\n2,201<\/td>\n-1%<\/td>\n<\/tr>\n
WALES<\/td>\n1,075<\/td>\n-12%<\/td>\n<\/tr>\n
NORTHERN IRELAND & ISLE OF MAN<\/td>\n942<\/td>\n52%<\/td>\n<\/tr>\n
TOTAL UK<\/td>\n34,199<\/td>\n-1.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

from Construction Enquirer https:\/\/ift.tt\/2FIlnlu<\/p>\n","protected":false},"excerpt":{"rendered":"

Housing starts stagnated at 165,160 in 2018, despite Government efforts to pump up housing supply to achieve its flaunted building target of 300,000 homes by the mid-2020s. After steadily growing in recent years from a trough of around 75,000 in 2009, starts have now stalled at the 165,000 level for two years, according to the […]<\/p>\n","protected":false},"author":1,"featured_media":154,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-4474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/4474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=4474"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/4474\/revisions"}],"predecessor-version":[{"id":4475,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/4474\/revisions\/4475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/149"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=4474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=4474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=4474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}