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

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Property values bounce back in October

The latest Halifax Property Index shows that: – House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from…
Read More
Breaking News

UK house prices rise at fastest pace since January

House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from +1.3% in September) Mortgage approvals reach highest level…
Read More
Rightmove logo
Breaking News

Rightmove accelerates AI product delivery to surface more potential sellers and buyers for agents

The UK’s largest property platform Rightmove is today announcing a series of AI developments for consumers and partners, to help agents reach more potential sellers, buyers and renters. There are currently 27 AI initiatives in development, as Rightmove makes AI technology central to its platform to benefit partners and home-movers. Four new developments – two…
Read More
Estate Agent Talk

How to Pick the Best Option for your Business’ Broadband

Having a dependable broadband connection is crucial for any business. Whether you run a small office or a larger company, a slow or unstable connection can disrupt work, affect communication, and reduce productivity. Picking the right broadband package does not have to be complicated, but it does require careful thought about your business’s specific needs…
Read More
bank of england interest rate
Breaking News

Bank of England Hold’s Interest Rates at 4%

With the Bank of England holding Interest Rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert: “Ahead of one of the most widely anticipated and discussed Autumn Budgets of recent times, it was unlikely the Bank would go for another interest rate cut so close to the announcement and…
Read More
Breaking News

England’s south coast sees highest rent increase in UK

Southampton, Portsmouth and Worthing average rent prices rise by +8%, the highest rise in the UK Renters in Yorkshire get the most for their money with UK’s lowest average rents of £978 Landlords didn’t flock to sell up, amidst Renters’ Rights Act anticipation   A report released today from one of the UK’s leading estate…
Read More