From Scottish Housing News yesterday:
Housing minister Kevin Stewart has welcomed a 15% increase in Scotland’s supply of new housing but has warned that a no-deal Brexit could have a damaging effect on future growth. More than 22,000 homes have become available in the past year – nearly 3,000 more homes than the previous year. This is the sixth consecutive annual increase in the total housing supply, the highest annual figure since 2008-09, and for the first time since 1980, local authority housing stock has also increased.
3 key findings from the Annual Housing statistics update:
New housing supply: New housing supply (new build, refurbishment and net conversions) increased by 15% between 2017-18 and 2018-19, from 19,320 to 22,273 new homes. Housing supply figures include private-led and social sector new builds, as well as conversions and rehabilitations. Housing association new builds increased by 1,041 homes (33%) and private-led new builds increased by 2,679 homes (21%), whilst local authority new builds decreased by 51 homes (3%), refurbishments decreased by 642 homes (67%) and net conversions decreased by 74 homes (10%).
New house building: In 2018-19, 21,292 new build homes were completed in Scotland, an increase of 3,669 homes (21%) on the 17,623 completions in the previous year, the sixth consecutive annual increase and the highest annual number of completions since 2007-08. During the same time-period the number of homes started increased by 3,160 homes (16%) from 19,604 to 22,764.
Affordable housing: (As previously reported on 11 June 2019): In 2018-19, there were 9,554 units completed through all Affordable Housing Supply Programme (AHSP) activity, an increase of 994 units (12%) on the previous year. Approvals decreased by 547 units (5%) in the latest year to 11,130 in 2018-19 and starts increased by 303 units (3%) to reach 10,872. This activity represents the first three years in the target period to build 50,000 affordable homes, including 35,000 for social rent, over the five-year period from 2016-17 to 2020-21.
Earlier reports here on housing: