Number of new homes built in Scotland up 15% year on year

The number of new homes built in Scotland during 2018 reached over 20,000 for the first time in a decade, a rise of 15% in the previous year, official data shows.

In total 20,255 new build homes were completed across all sectors, according to the quarterly housing statistics published by Scotland’s Chief Statistician. A breakdown of the figures show housing association completions increased by 54% and private sector completions by 11% but local authority completions fell by 11%.

Housing Minister Kevin Stewart said that it means that the Scottish Government is on track to hit its ambitious target of 50,000 affordable homes by 2021 with more than half now completed and approvals on course.

The data also shows that there were more than 9,500 affordable homes delivered in 2018/2019, an increase of 12% on the previous financial year.

As part of this rise, completions of social rented homes accounted for 6,573 of the properties, 25% more than the previous year. Since 2007 a total of 86,109 affordable homes were delivered, including 59,131 homes for social rent.

‘Providing more affordable homes is a crucial part of this government’s aim to create a fairer Scotland, and improve communities through inclusive growth. On my visits across the country, I have seen the real difference these new developments have made to people’s lives,’ said Stewart.

‘A home is more than just bricks and mortar, it’s about a sense of identity and belonging.
It is also great to see a rise in the number of new homes across all sectors providing choice across all tenures,’ he added.