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Wednesday 2 February 2011

NEWS: 2010 sees construction rise due to affordable housing

London based consultancy firm, Drivers Jonas Deloitte, has produced a residential crane survey which has shown a 9 per cent increase in construction levels in Greater London between summer and winter last year.

The survey found that 44 per cent of the 28,150 units were affordable homes, however only 1,300 of these were family homes, with flats accounting for 95 per cent of all the properties. 

Drivers Jonas Deloitte have noted that larger building schemes were creating 2,000 - 3,000 houses per annum a decade ago, a far cry from the production levels we saw in 2010.

Construction starts has risen, primarily due to the industries confidence growing as well as the government's Kickstart housing delivery programme, however Anthony Duggan, director and head of research at Drivers Jonas Deloitte, has predicted that "weak demand will encourage developers to “slow peddle" delivery and that ultimately supply will be similar to 2010."

The rise in construction levels will ultimately mean an increase in housing jobs for the industry, whether you're looking for a position yourself or looking to advertise a position with your housing company, why not visit our specialist Housing Jobs website?

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