Belfast Telegraph

UK Website Of The Year

New home starts are up by 10% in last year

By Margaret Canning

Published 28/10/2015

The numbers of new home starts in Northern Ireland have increased by 10% since last year, according to statistics.

The housing bulletin for April to June this year - published by the Department for Social Development (DSD) - said foundations had been laid for 1,828 new homes during the quarter, up 10%.

However, the number of new-build houses which were finished in the same quarter was 1,295 - a fall of 11% on the same quarter in 2014.

The housing bulletin also said that 221 new homes registered with the National House Building Council (NHBC) were sold in the quarter to March 2015, a decrease of 17% on the same period in 2014. The average price of a new-build dwelling during the quarter was £167,700, up 12% on the previous quarter (£149,900).

And 4,776 households told the Housing Executive they were homeless between April and June - down 5% on the quarter before.

Searching for a stunning new build? Find it at propertynews.com

Belfast Telegraph

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Read More

From Belfast Telegraph