Salford Property News
A slow down in new homes completions
A fall in construction between April and June means fewer new builds will be coming to the market in the short term. With Covid-19 disrupting house building, Boris Johnson has made construction a priority.
Energy Performance Certificate registrations are a good indicator for net additional dwellings. The latest data shows 37,588 fewer new build registrations in England in Q2 2020 than Q2 2019, a 56% decline.
The decline in completions is a result of covid-19 forcing construction sites to temporarily close or reduce staff numbers.
The government has vowed to 'use this moment' to build new homes and infrastructure, promising a £5bn new deal and introducing new laws to parliament to support new housing and boost town centres. Source: Dataloft, Ministry of Housing, Communities and Local Government
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This Blog looks at what is happening in the Salford and Eccles property market. We report on events and community news along with investment ideas and tips for those loosing to invest in the area.
Dewi Jones - Editor
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