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There were 28,590 seasonally adjusted house building starts in England in the June quarter 2010. This is 13 per cent higher than in the previous quarter and 84 per cent above the trough in the March quarter 2009, but 42 per cent below their March quarter 2007 peak.

More to the point, and comparing like with like, housing starts in the June quarter 2010 are 57% up on the June Quarter 2009. ("June quarter" is April to June and "March quarter" is Jan to March).

There is also a good graph in the report which shows how completions of new housing was smoothed across the recession, whilst new starts fell dramatically and have now bounced back markedly. It is these new starts that are now trying to sell into the double dip.

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  • 439 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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