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New residential construction in the UK 2015-2019, with forecasts from 2020 to 2024

Published by Raynor de Best, Jan 27, 2021
According to figures from May 2020, the number of housing starts in the United Kingdom was forecast to drop more than double between 2019 and 2020. This unprecedented decrease could be attributed to the coronavirus pandemic, economic uncertainty and the increase in time needed for developing a traditionally built new home. It was predicted that when the economy was to pick up, so would the UK construction industry.

New housing starts in the United Kingdom from 2015 to 2019, with forecasts from 2020 to 2024 (in 1,000s)

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Source

Release date

September 2020

Region

United Kingdom

Survey time period

May 2020

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