Number of new homes built in Scotland up 15% year on year

Property Wire | June 12, 2019

Number of new homes built in Scotland up 15% year on year
The number of new homes built in Scotland during 2018 reached over 20,000 for the first time in a decade, a rise of 15% in the previous year, official data shows. In total 20,255 new build homes were completed across all sectors, according to the quarterly housing statistics published by Scotland’s Chief Statistician. A breakdown of the figures shows housing association completions increased by 54% and private sector completions by 11% but local authority completions fell by 11%. Housing Minister Kevin Stewart said that it means that the Scottish Government is on track to hit its ambitious target of 50,000 affordable homes by 2021 with more than half now completed and approvals on course. The data also shows that there were more than 9,500 affordable homes delivered in 2018/2019, an increase of 12% on the previous financial year.

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REMAX Alliance Video Update recapping market activity within Wheat Ridge, CO, during the month of December, 2016.

Spotlight

REMAX Alliance Video Update recapping market activity within Wheat Ridge, CO, during the month of December, 2016.

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