A leading construction industry analyst has reported a sharp year-on-year decline in the underlying value of private housing project starts during the first quarter of 2011. Overall, the Glenigan Index for March is down by 31% on a year earlier, with a 61% fall in the underlying value of new private housing project starts weighing [...]
new sites
Bellway experiences “traditional spring market”
Bellway has made a bit of a comeback having sold 2,332 homes in the six months ended 31st January, up 4% on a year earlier. Private sales numbered 1,784 (2010: 1,766) with a further 548 (2010: 481) dwellings sold to housing associations. The group is on track to open 30 new sites by early 2011 [...]
