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Local government

Record Home Building in Dacorum and Across England

Strategic Insights

— 1 min read

As the UK continues to recover from the pandemic, the number of homes being built has reached record levels, with significant increases in both completions and starts. In the first quarter of the year, 220 homes were completed in Dacorum, the highest number for the quarter since records began in 2005, while 150 homes began construction. Across England, 49,470 homes were completed in the first quarter, the highest number for any quarter in more than 20 years, with a four per cent increase compared to the last three months of 2020. The Home Builders Federation is calling for continued government support to meet the strong demand for new build homes, citing the benefits of increased supply on jobs, local economies, and amenities.

Key Takeaways:

  • In the first quarter of the year, 220 homes were completed in Dacorum, the highest number for the quarter since records began in 2005.
  • Across England, 49,470 homes were completed in the first quarter, the highest number for any quarter in more than 20 years.
  • This represents a four per cent increase compared to the last three months of 2020 and a seven per cent increase in work beginning on homes over the same period.
  • The Home Builders Federation is calling for continued government support to meet the strong demand for new build homes.
  • The federation's executive chairman, Stewart Baseley, stated that the industry needs to continue investing in the land and people needed to build the homes the country needs.
  • Despite quarterly figures being volatile, the Ministry of Housing, Communities and Local Government data shows a consistent increase in home building.

Statistics:

  • 220 homes were completed in Dacorum between January and March, the highest number for the quarter since records began in 2005.
  • 49,470 homes were completed in the first quarter across England - the highest number for any quarter in more than 20 years.
  • This represents a four per cent increase compared to the last three months of 2020.
  • Work began on 46,010 homes across England in the first quarter, a seven per cent increase compared to the previous quarter.
  • The Government has committed to investing nearly £20 billion into new housing as part of its Spending Review, including over £12 billion for affordable housing.

Sources:

  • Ministry of Housing, Communities and Local Government: as reported in the article.
  • The Home Builders Federation: as reported in the article.

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