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New Scottish Homes

Official figures published by Office of National Statistics on Thursday revealed that the number of new homes in Scotland has risen by seven per cent in the last year, the first annual increase since before the recession.

The figures show that almost 16,000 new homes were delivered in Scotland in the year to March 2014, compared to almost 15,000 in the previous year. This is the first increase since 2007-08, however, remains well below pre-recession levels.

The figure includes new build housing, rehabilitations, and conversions. Private sector house building and housing association rehabilitations accounted for the largest share of this growth, with private sector-led new build completions rising nine per cent on the previous year, to 10,686.

The Scottish Government remains on target to deliver 30,000 new affordable homes by 2016.

http://news.scotland.gov.uk/News/First-increase-in-new-housing-supply-in-six-years-1027.aspx

 

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