Whilst social housing completions
increased slightly, the majority of the increase has been achieved through private home sales.
This pace represents a deceleration from the 1997-2002 period, due in part to expected weakening in single-family housing completions
The rate marks a slowdown from the 1997 to 2002 period, which the firm attributed to weakening in single-family housing completions
and competition for broadloom from hard surface, especially laminates and wood.
It said that with total housing completions
of just over 160,000, the UK's housing deficit has worsened considerably.
However, the growth in the Spanish housing segment was unsustainable, as the number of housing completions
exceeded the rate of new household formations in the country.
The fastest growth is expected in the new construction segment as housing completions
rise at a double-digit pace, but demand for paint in improvement and repair applications will improve as well.
were up over 12% during our first half and are running at the highest level for six years, supporting more than 12,000 suppliers and subcontractor companies.
Privately owned housing completions
in January were at a seasonally adjusted annual rate of 930,000.
Completion rates in the UK have slipped signifi-cantly since the economic crisis and housing completions
fell to the lowest peacetime levels since the 1920s.
Furniture coatings will also account for a sizable share of new demand between 2012 and 2017, benefiting from rapid gains in new housing completions
, which will boost demand for home furnishings.
were up by 24% to 1,882 - but Crest hopes to return volumes to about 2,500 homes a year within three to four years.
This pace represents a rebound from the declines seen between 2006 and 2011, when housing completions
plummeted and residential improvement and repair expenditures contracted from their elevated 2006 base.