{"id":21690,"date":"2018-10-17T12:47:32","date_gmt":"2018-10-17T11:47:32","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=21690"},"modified":"2018-10-17T12:47:32","modified_gmt":"2018-10-17T11:47:32","slug":"new-home-construction-is-up-in-the-uk-especially-in-north-west","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/10\/17\/new-home-construction-is-up-in-the-uk-especially-in-north-west\/","title":{"rendered":"New home construction is up in the UK, especially in north-west"},"content":{"rendered":"

Construction of new housing has increased by 5.6%\u00a0<\/b>both in the<\/b>\u00a0pas<\/b>t three months and y<\/b>ear-on-year.<\/b>\u00a0<\/span><\/p>\n

The Office\u00a0of\u00a0National Statistics (ONS) recently released a report on output by\u00a0the UK\u2019s construction industry\u00a0during the month of August. The report compares\u00a0the\u00a0statistics to the previous\u00a0three months and year-on-year,\u00a0showcasing\u00a0the\u00a0specific types of construction\u00a0that\u00a0are excelling.\u00a0<\/span><\/p>\n

The\u00a0<\/b>r<\/b>ise in\u00a0<\/b>construction<\/b>\u00a0is a positive start toward\u00a0<\/b>the g<\/b>overnment\u2019s housing<\/b>\u00a0goals<\/b>\u00a0<\/span><\/p>\n

The findings highlight\u00a0that\u00a0construction as a whole has seen a\u00a0rise across Britain. However, the rise in construction of new housing\u00a0is\u00a0perhaps\u00a0most significant\u00a0given\u00a0the government\u2019s\u00a0prioritization of new housing<\/a>.\u00a0\u00a0<\/span><\/p>\n

This year the government\u00a0set a\u00a0target\u00a0of\u00a0building 300,000 homes<\/a>\u00a0annually until the mid-2020s\u00a0with the intention of\u00a0easing\u00a0pressure on the housing market.\u00a0The recent data represents a positive\u00a0start\u00a0towards ensuring new builds keep pace\u00a0with the increasing\u00a0property demand<\/a>.\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The north<\/b>-west<\/b>\u00a0leads the way<\/b>\u00a0<\/span><\/p>\n

A press\u00a0release\u00a0by the government\u00a0recently analysed the high growth in\u00a0new housing in the\u00a0north-west<\/a>.\u00a0In the three months to August, the north-west\u00a0saw a 15% growth in construction output compared to the same period in 2017,\u00a0which is 10 times the\u00a0national average.\u00a0<\/span><\/p>\n

Jake Berry, minister for the Northern Powerhouse and Local Growth, commented: \u201cIt\u2019s wonderful to see how the Northern Powerhouse is\u00a0driving investment in the north-west\u00a0and helping grow the construction industry to the tune of over \u00a3600m.\u00a0<\/span><\/p>\n

\u201cAnyone visiting the\u00a0north-west\u00a0can see the huge number of construction projects underway and these figures show just how valuable they are.\u201d\u00a0Additionally, in the north-west, the value of new housing construction work went up by\u00a0\u00a3386 million this quarter compared with the same quarter last year.\u00a0
\n<\/span><\/p><\/blockquote>\n

A recent UK House Price Index even highlighted the north-west as boasting the\u00a0highest property price rises<\/a>\u00a0in the UK,\u00a0evidence of its\u00a0thriving property market.\u00a0With improvements to the north-west\u2019s housing\u00a0market, infrastructure, and economy, it\u2019s becoming\u00a0a\u00a0prospering\u00a0region\u00a0ideal for homeowners and investors alike.\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Construction of new housing has increased by 5.6%\u00a0both in the\u00a0past three months and year-on-year.\u00a0 The Office\u00a0of\u00a0National Statistics (ONS) recently released a report on output by\u00a0the UK\u2019s construction industry\u00a0during the month of August. The report compares\u00a0the\u00a0statistics to the previous\u00a0three months and year-on-year,\u00a0showcasing\u00a0the\u00a0specific types of construction\u00a0that\u00a0are excelling.\u00a0 The\u00a0rise in\u00a0construction\u00a0is a positive start toward\u00a0the government\u2019s housing\u00a0goals\u00a0 The findings… Read more »<\/a><\/p>\n","protected":false},"author":1982,"featured_media":21691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[61,6],"tags":[19],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/21690"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1982"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=21690"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/21690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/21691"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=21690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=21690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=21690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}