Gromett
That seems very low?
From:
Loads of data here:
grommet said:No that graph was housebuilding. Said it right in graph itself.
If the total housing stock does not keep up with the population. It doesn't matter if the housing stock goes to renters or buyers. When you have an increase in demand that is not met by supply prices rise. Basic economics. Whether that price is rent or outright purchase makes no difference it will rise.
Here it is again to save you going back.
View attachment 881833
That seems very low?
Financial year data for the year ending March 2023 show that there were 210,320 dwellings completed in the UK.
From:
House building data, UK - Office for National Statistics
Time series data on starts and completions of new build dwellings in the UK and local authorities, on a quarterly and annual basis.
www.ons.gov.uk
Loads of data here:
House building, UK: permanent dwellings started and completed by country - Office for National Statistics
Time series data on starts and completions of new build dwellings in the UK and local authorities, on a quarterly and annual basis.
www.ons.gov.uk
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