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House building drops by 9% in Q3 2010

House building fell by 9% in Q3 2010 compared to last year but was 67% above the trough of March 2009 but 48% below the March 2007 peak, data from the Department of Communities and Local Government shows.

There were 25,870 seasonally adjusted house building starts in England in the September quarter 2010.

Private enterprise housing starts, seasonally adjusted, were 7% lower than in the June quarter 2010. 

By comparison starts by housing associations were 14% lower over the same period.

Housing completions in England, seasonally adjusted, were slightly lower this quarter, down from 26,600 in the June quarter 2010 to 26,470 in the September quarter 2010.

This compares to a 1% rise between the March 2010 and the June 2010 quarters.

Private enterprise housing completions, seasonally adjusted, were 4% higher in the September 2010 quarter than in the June 2010 quarter, this is the second consecutive rise.

By comparison, completions by housing associations fell by 16% between the June and September quarters 2010.

Annual housing starts reached 102,560 in the 12 months to September 2010, up by 40% compared with the 12 months to September 2009.

Annual housing completions in England totalled 107,460 in the 12 months to September 2010, down by 13% compared with the 12 months to September 2009.



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