The number of bungalows being built has fallen to an 80-year low.
The head of the National House Building Council has said the one-storey homes are “on the critically endangered list” after builders registered just 228 new bungalows for construction between July and September this year.
The figure is a 70% fall on the same period last year, and the lowest level in the NHBC’s history.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Knight Frank sees continued positive sentiment towards the sector
Retailer has vacated the store and moved to the Bullring
As his first solo venture launches, Schama wants to redefine hospitality advisory
Retention rate is significantly ahead of underwrite assumption
