New housing numbers rising but is it enough or sustainable? | New Homes Bulletin Summer 2019

 
We are delighted to release our latest New Homes Bulletin, courtesy of the Rettie & Co. research team, Scotland’s largest dedicated property research department.

 

KEY FINDINGS:

  • 2018 saw the highest number of new housing completions in Scotland post-recession, climbing to over 20,000 units. Delivery has been helped by programmes such as the Building Scotland Fund.
     
  • However, this remains below the target levels generated by bodies such as the Commission for Housing & Well-being, which argued that Scotland needs to be delivering at least 23,000 new homes per year.
     
  • The sustainability of these levels is also questionable given the sharp decline in planning consents at the end of 2018 (down 45% on the previous quarter) and Scottish Minsters rejection of the structure plan for the East of Scotland (SESplan2).


Find out more about Development Services at Rettie and our New Homes department > https://www.rettie.co.uk/pages/new-homes-sales
About Andrew Meehan

Andrew re-joined the Rettie & Co. Research Team at the start of 2015 having originally worked for the company from 2005 to 2010. Andrew has an MA (Hons) from Edinburgh University and an MSc in...

Andrew Meehan
Associate Director
Edinburgh Read More