Supply, supply, supply
A report has just emerged from the ONS showing the number of homes being built in England decreasedin the last three months of 2021. Two key takeaways points below.
- The number of dwellings where - according to building control figures - building work has started on site was 41,600 in October to December 2021. This is a 3 per cent decrease when compared to last quarter and is a 3 per cent decrease when compared to the same quarter of the previous year.
- The number of dwellings completed - according to building control figures - was 41,330 in October to December 2021. This is a 4 per cent decrease when compared to last quarter and is an 11 per cent decrease when compared to the same quarter a year ago.
Newspage sought the views of property experts around the UK….