Latest new home Registration Statistics from NHBC
According to the National Home Building Council (NHBC) latest new home registration statistics a total of 41,222 new homes were registered in Q2 throughout the UK.
In the private sector 31,753 new homes were registered, a 6% increase on the 30,086 a year ago. The public and affordable sector was down 13% with 9,469 new homes registered compared to 10,845 in Q2 2015.
The overall number represents a 1% increase on the same period last year when 40,931 new homes were registered, making it the strongest quarter since 2007.
In the report NHBC Chief Executive Mike Quinton said: “Our latest statistics show that the industry continues to consolidate on the strong growth in registrations seen over recent years.
“These registrations reflect continued industry confidence in the run-up to the EU Referendum at the end of June. Indeed, this period was the strongest quarter since Q4 2007, albeit still some way off levels seen over a decade ago.
“NHBC remains fully committed to support the industry to build new homes to the highest possible standards.”
As the leading warranty and insurance provider for new homes in the UK, NHBC’s registration statistics are a lead indicator of UK house-building activity.
Read the NHBC new home registration statistics report in full click here
You May Also Enjoy
5 Welfare Hire Providers to Consider for Your Next Housing Project
Mortgage market activity forecast to climb
Highest number of homes listed for sale for a decade and falling mortgage rates signal good news for first time buyers
Property market momentum set to continue
Three major cities buck commuter belt trend
