ECONOMIC GROWTH

Research suggests fall in house building due to COVID

More than 80,000 new homes will not be delivered this year due to the coronavirus pandemic, research has revealed today.

More than 80,000 new homes will not be delivered this year due to the coronavirus pandemic, research has revealed today.

Research by Savills for Shelter predicts that overall output will drop from 255,000 last year to just 171,000 homes in 20/21. Without government intervention, it argues that social homes could see a yearly drop of 30%.

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