NHBC sees highest registrations in 12 years

Aug. 1, 2019
<p><span>Housebuilders registered the highest number of new homes for 12 years between April and June, with the rental market driving growth, according to NHBC’s latest statistics.</span><span></span></p><p><span>During the period (Q2 2019), 43,438 new homes were registered, up 12% on the same period in 2018. NHBC said this was the highest number of registrations since Q4 2007 when 43,525 new homes were registered. It added that growth in the private rented sector as well as continuing investment in the UK market were responsible for the lift.</span><span></span></p><p><span>Of the total for the rolling quarter, 29,993 registrations were for private sector homes, up 14% on Q2 2018. Affordable and rental sector registrations rose 7% to 13,445.</span><span></span></p><p><span>Eight out of 12 UK regions experienced growth during the period, with London continuing its upturn - registrations rose notably from 2,984 last year to 6,000. The North West was the second strongest region with registrations increasing 47% to 5,818. Yorkshire &amp; Humberside witnessed the largest fall in registrations of 34% to 1,954.</span><span></span></p><p><span>Commenting on the overall strength of the quarter, Steve Wood, NHBC’s ceo, said: “It is great to see this sign of confidence in new build housing and that the positive start to the year has continued into the …

Continue reading

To continue reading this article please login or register.

Login

Forgot your password?

Register for free

Quick and free registration

Register