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01/02/2008
Home Builders Confident About Year Ahead
The Scottish home building industry remains confident of being able to respond to market demand in the year ahead. That is the view of senior industry leaders expressed at a meeting today.
Jonathan Fair, Chief Executive of Homes for Scotland, the organisation which represents companies building 95% of the country’s new homes, said: "There are still high levels of unmet demand within key market segments, particularly for family housing, right across Scotland. Given the Government's commitment to dramatically increase the number of new homes built in Scotland to 35,000 by 2015, the medium-term outlook is strong and our members are confident about the future.
"Whilst it is true Scotland has not escaped the uncertainty raised by economic pressures in other parts of the globe, the fundamentals of the Scottish economy remain strong and the key reasons for making a house purchase right now have not been diluted in any way."
He concluded saying that from a buyer's perspective, it is now a good time to purchase a new build home and with Scottish house prices continuing to outperform the rest of the UK, modern new homes are more energy efficient.
(JM)
Jonathan Fair, Chief Executive of Homes for Scotland, the organisation which represents companies building 95% of the country’s new homes, said: "There are still high levels of unmet demand within key market segments, particularly for family housing, right across Scotland. Given the Government's commitment to dramatically increase the number of new homes built in Scotland to 35,000 by 2015, the medium-term outlook is strong and our members are confident about the future.
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"Whilst it is true Scotland has not escaped the uncertainty raised by economic pressures in other parts of the globe, the fundamentals of the Scottish economy remain strong and the key reasons for making a house purchase right now have not been diluted in any way."
He concluded saying that from a buyer's perspective, it is now a good time to purchase a new build home and with Scottish house prices continuing to outperform the rest of the UK, modern new homes are more energy efficient.
(JM)
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