Private sector starts down 11% in third quarter of 2005

Nov. 11, 2005
New home starts are down on the same period last year, according to latest housebuilding statistics from NHBC. Figures show that 46,748 applications were made during the third quarter of the year – 4% down on 2004. Private sector starts, at 38,847 in the third quarter, were down 11% on last year. NHBC chief executive Imtiaz Farookhi said: “The rate …

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