<p><span class="normaltextrun"><span>New home registrations fell 21% in the final quarter of 2022 against the previous quarter, the latest data from NHBC shows, while registrations for the full year were the highest since 2007.</span></span></p> <p><span class="normaltextrun"><span>In Q4 2022, total registrations for new homes decreased to 35,041 from Q3’s 44,542 “</span></span><span class="normaltextrun"><span>as the impact of September’s mini-Budget and wider economic challenges took hold”, the new homes warranty and insurance provider said. Private <span>sector</span> registrations saw the biggest decline at 28% down to 23,203, quarter on quarter.</span></span></p><p><span class="normaltextrun"><span>Those for the affordable and Build to Rent (BTR) sector were less affected in Q4, at 3% down to 11,838 homes, NHBC said. It said the cost of living crisis had increased demand for affordable homes and the BTR sector was still enjoying “significant levels of investment”. </span></span></p><p><span class="normaltextrun"><span>NHBC’s statistics also show that in Q4, ten out of 12 UK regions witnessed declines in registrations against the previous quarter. London suffered the worst at a <span>63% drop. This was followed by the North East at -47%, with Wales, the North West and Merseyside joint third at a 33% decrease in new homes registered that quarter.</span></span></span></p><p><span class="normaltextrun"><span>For 2022 as a whole, </span></span><span class="normaltextrun"><span>191,80</span></span><span class="normaltextrun"><span>1</span></span><span class="normaltextrun"><span> new homes …