Housebuilding on the rise


Housebuilding continues to show a rise, according to latest quarterly figures from the Office of the Deputy Prime Minister today (Friday).

Starts in England during the three months to March were up 5% (after allowing for seasonal variation) on the same period a year ago. Completions, on the same basis, were up 4 per cent.

Starts and completions across Great Britain followed similar trends between 2001/02 and 2002/03 - up 1% and completions up 6%.

Comparison of the financial years ending March 2002 and March 2003, shows starts in England up 1% from 151,000 to 152,000 and completions up 7% from 130,000 to 139,000.

In March it is estimated that 13,700 dwellings were started in England and 12,300 were completed.

The equivalent figures for Great Britain were 17,000 and 15,000.



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