Drop in housing starts a “wake-up call”

June 1, 2008
Latest housebuilding statistics for the first quarter of the year show the extent of the impact on production of the industry downturn. NHBC figures show the number of applications from housebuilders to start new homes, 37,839, had fallen by almost a third year-on-year during the first quarter. Of that total, just 29,137 were private sector starts – a 34% year-on-year …

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