New data reveals growth in house building in Peterborough
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More homes were built in Peterborough this spring than in the previous year, according to new figures.
Data released by the Department for Levelling Up, Housing and Communities figures show around 230 new dwellings were built in Peterborough in the three months to June – an increase from the 200 completed in the same period of 2022.
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Hide AdOf these, 150 were built by private developers, while the remainder were social homes financed by housing associations.
Other figures also show that the number of houses where construction work was started also increased over the same period.
The statistics show that in Peterborough, 720 new build constructions got under way in the three months to June – more than last year, when 180 dwellings were started.
The data comes as concern grows that current house building targets set by the Government, which is to build one million homes by the end of this parliamentary term, are too low to meet demand for housing.
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Hide AdAnthony Breach, senior analyst at the research group Centre for Cities, said: “The target is far too low – there is no evidence to suggest that building one million homes will be enough to solve the housing crisis.
He added: “The planning system is responsible for Britain’s acute housing crisis and the limits it places on our growth.
“This country is in the minority in the developed world in having a discretionary planning system that rations the supply of land for new homes.
"This means that housebuilding always falls below where it needs to be, even during what looks like historic peaks in housebuilding.”