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13/11/2014

Number Of New Homes In England Increases By 10%

The number of new homes in England has increased by 10% over the past year.

The government has now delivered over half a million additional new homes since 2010.

It comes as the numbers of first-time buyers remain at their highest level since 2007, while new figures show the numbers of repossessions are now at their lowest since records began in 2008.

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The vast majority of the new homes delivered over the past 12 months have been newly-built, and it means that since 2010 the government has delivered a net increase of over 530,000 new additional homes across England.

Housing Minister Brandon Lewis said: "I'm determined that we do all we can to get the country building and help hard-working people into home ownership.

"Today's figures show how our efforts are delivering real results, with the net supply of new homes up 10% over the past year and over half a million new homes delivered since 2010."

(CD/JP)

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