The number of new buildings in the Great Britain was reduced to a minimum for four years
The number of new buildings in the Great Britain in 2007 has reduced to a minimum for the last four years. It is connected to the fear of developers to offer a lot of houses, because of landslide of prices and sales impairment, writes The Financial Times.
In the last decade of 2007 37900 projects have been launched, that is 10% lower, than at the similar period of 2006. Besides, it is the lowest figure since 2003, says the official statistics.
In total for the last year, according to The Department for Communities and Local Government, in the Great Britain were launched construction of 166900 houses, that is 6% lower, than in 2006.
Royal Institution of Chartered Surveyors (RICS) considers that developers’ anxiety can complicate performance of the state program on increase in construction of houses. According to it by 2020 in the country should be constructed 3 million new houses.
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