House building on the up in England

21 February 2005
Those looking to invest or move into a brand-new house could be in luck, as new figures show that more and more new houses are being built in England.

Figures released by the Office of National Statistics show that 175,300 houses were started in 2004, an increase of ten per cent on 2003.

Housing completions are also up, with six per cent more houses completed in 2004 than 2003.

The statistics reveal significant regional differences, however.

Most of the new buildings were in London, where 24,100 new houses were completed in 2004 - a year on year increase of almost a third.

Across the rest of the country, the annual increase was a more conservative three per cent, but the north west, East Midlands, West Midlands and Yorkshire have all also seen an upward turn in house building started.

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