The number of new homes built rises to 7 year high – SearchFlow comments

Print This Post

27 May 2016


Searchflow 2016.jpgThe number of newly built homes continues to rise and is now at the highest level since 2008 to 2009 according to Department for Communities & Local Government’s quarterly figures on housebuilding.

The figures revealed that 139,690 new homes were completed in the year to March – a rise of 12% on the previous year.

Greg Bryce, managing director of SearchFlow, comments: “The continued rise for the second year now is very promising news for the housing market. The growth in the number of new homes will help relieve pent up demand and fuel a buoyant property market.

“The number of new homes is set to be bolstered further by the government’s landmark Housing and Planning Act which will be instrumental in helping deliver the Government’s ambition to build a million more homes.

“With the economy strong, employment level high, interest rates low and the Government’s housing policies focused on getting the nation to build, activity levels in the housing market is expected to remain buoyant for the second half of the year.”



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Is your marketing budget actually delivering a return?

Qamar Anwar 2

“Half the money I spend on advertising is wasted: the trouble is I don’t know which half.” Marketing pioneer John Wanamaker may have been forgiven for his lack of insight into his advertising budget back in the late 19th century, but what of today’s marketers? Surely in today’s data-driven age, accessing and utilising marketing budget data is commonplace? But in a world where there is a plentiful supply of data and information to aid marketing planning and decision making, it was quite shocking to see in new research that so many firms are investing in marketing activities that they openly admit are neither important nor effective.

October 19th, 2017