Housebuilding figures 20 per cent down on same period last year
With homelessness figures at their second highest on record, the government is under pressure to deliver on commencement rate
Construction began on more than 3,500 new homes in March, but the level of homebuilding is still 20 per cent behind the rate recorded this time last year, a Business Post analysis has found.
The figure for March was significantly ahead of the rate recorded in February, when construction began on only 1,997 new homes – one of the lowest rates in recent years. The sharp rise meant that March had the third-highest number of ...