House-building weakness continues
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.House-building weakness continues
Private sector housing starts in January fell to their lowest level since November 1992. They declined to 9,400 from 10,900 in December, and were 16 per cent lower than a year earlier. Total housing starts, including local authority figures, were 11,100 compared with 14,300 a year earlier. Completions were up to 16,600 compared with 15,300. The figures confirmed the continuing weakness of house-building, one of the areas of the housing market that has yet to show any sign of recovery. Economists said bad weather and low confidence among builders explained the further decline.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments