According to statistics from the Department for Communities and Local Government, annual housebuilding starts dropped in England by 9% up to September this year.
It has also been a reasonably poor year for private annual housebuilding with starts in that sector slipping by 5% to 80,040 over the same period. Public housing starts have also fallen this year, down 23% to 16,810.
In other bad news, completions dropped 7%. Private completions saw a 6% drop to 20,680, with public completions declining 14% to 5,770.
However it's not all bad, quarter-on-quarter, the total starts rose 18%, with private housebuilding starts increasing by 15% between July to September. Up against the previous quarter – this was the first quarterly increase seen this year. It was also revealed that public housing experienced a 23% lift.
Also it should be noted that annual total housing completions up till September 2012 increased 6% to 117,190. With 88,320 of these being private completions.
