Covid hit on Scottish housing

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Housebuilding in Scotland has been hard hit by the Coronavirus crisis, with latest figures suggesting only 15,852 new-build homes were completed in the year to end September 2020.

This was some 6,132 fewer than in the previous year, representing a 28 per cent drop.

The number of new-build homes started also fell with a total of 18,973 starts, a decrease of 24 per cent on the previous year.

These figures come from the latest quarterly statistics published by Scotland’s Chief Statistician.

More up-to-date figures published as part of the UK House Price Index show a total of 2,680 private new-build sales transactions in Scotland in the quarter from January to March 2021. This is a decrease of 13 per cent on the 3,085 transactions recorded in October to December 2020, but an increase of 1,963 on the 717 transactions seen in April to June 2020, when construction and housing market lockdown measures were in place.

The total number of private new-build sales transactions in the year to end March 2021 was 8,904, a decrease of 27 per cent on the 12,244 transactions recorded in the same period in 2020.

Latest social sector new housebuilding figures for October to December 2020 show that 1,256 social sector homes were completed. This is an increase of 285 homes on the previous quarter July to September 2020, but a decrease of 14 per cent on the 1,469 social sector completions in October to December 2019. There were 4,189  completions for the 12 months to end December 2020, a decrease of 29 per cent on the 5,909 social sector homes completed in the previous year.

There were 1,595 affordable homes completed in the latest quarter April to June 2021, bringing the total number of affordable homes completed in the 12 months to end June 2021 to 7,864, a decrease of 5 per cent