World Cup knocks housebuilding figures

The latest housebuilding figures show that fewer dwellings were started this summer than last.

Some 13,400 dwellings were started in June 2002, compared with 17,000 in June 2001. Some 46,600 starts were estimated in the three months to June compared with 48,800 in the first quarter of 2002. The low figure in June is likely to reflect the Jubilee Bank holidays and the World Cup.

Dwelling completions were up in June to 14,100 compared with 13,800 in June 2001. Similarly, there were 43,000 completions in the three months to June compared with 38,700 in the first three months of 2002.