Showcasing the Best of Welsh Business


Housebuilding Increase Welcomed by Minister


The statistics released today (10 June, 2015) show during 2014-15 a total of 6,955 new homes were started, a rise in housebuilding of 20 per cent on the previous year and the highest annual number recorded since 2007-08.

The latest figures reveal a continuing positive trend in house building activity in Wales. During 2014-15 there were 6,170 new dwellings completed in Wales, which is 6 per cent more than during 2013-14. Most new dwellings in 2014-15 were 3 bedroom properties, accounting for 38 per cent of all completions. During 2014-15 the number of new dwellings completed for the private sector increased by 3 per cent compared to the previous year, while the number of completions for the social sector increased by a quarter to 837, which was the highest number recorded since 2010-11.