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Situation is 'bad news' for industry

House building slump is cause for ‘deep concern’

Nicola Barry 2A housing industry executive has expressed “deep concern” over a fall in the number of homes being built.

Nicola Barclay, chief executive of trade body Homes for Scotland, said the slump is creating a particular problem for young people hoping to get a foot on the ladder.

House-building starts have fallen by 5% to 16,870 over the last year with new homes for private buyers down by 14% to 11,816, according to Scottish Government figures.

Ms Barclay said: “I am deeply concerned by today’s figures which confirm the views of my members that it has never been more difficult to start sites and get much needed homes out of the ground. 

“Obviously this continuing flat-lining of total supply is bad news in relation to the jobs and investment builders bring to our economy.

“Unfortunately those worst affected are the young people and growing families struggling to get on the housing ladder. 

“Not only is the lack of an adequate housing supply across all tenures stifling ambition and aspiration, it is also continuing to pressurise house prices and rents as well as threatening Scotland’s future success and social well-being.”

 

 

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