Housebuilding at highest for 6 years

New housing figures confirm Britain is building again according to Communities Secretary Eric Pickles.

The latest statistics reveal starts on new homes in 2013 totalled 122,590, up by 23% on the previous year, and the highest since 2007.

Despite the poor weather conditions this winter, work on new homes in the last 3 months of 2013 was also up by 23% compared to the same period in 2012.

Mr Pickles said the housing market inherited in 2010 was broken, and fixing it was an essential part of the government’s long-term economic plan.

The government is prioritising limited financial resources and ensuring progress continues to be made across the whole housing market, including:

Eric Pickles said:

“This government is fixing the broken housing market we inherited in 2010. Last year we built the most homes since 2007, and even the appalling weather conditions this winter have not stopped our hardy builders from getting the job done. That means an increase in small firms benefiting from the surge in construction orders, and more business confidence in the economy.

“None of this would have been possible without our tough action to cut the deficit and keep interest rates low. We have also prioritised resources to increase the number of affordable homes, and help credit-worthy buyers onto the housing ladder.

“But there’s still more to do, and improving the housing market will remain a vital part of our long-term economic plan.”

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