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28/04/2017

Rise In Number Of New Home Registrations

The National Home Building Council (NHBC) registered over 42,000 new homes in the UK in the first three months of 2017.

42,470 new homes were registered, an increase of 17% on the 36,351 registered 12 months ago – resulting in the highest quarter in 10 years.

31,197 homes were registered in the private sector, an increase of 10% on the same period a year ago.

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For the first time in seven years all 12 regions across the UK experienced growth in registrations, when compared to the same period 12 months ago. The North East, London and Eastern were among the regions with the most notable growth.

NHBC Managing Director Neil Jefferson said: "These figures, with growth across the entire country, are clearly encouraging for the sector, at a time when there is considerable demand for new, high-quality homes.

"This growth in Registrations, in both the private and affordable sector, is welcome news and will result in more newly built homes across the UK over the coming months."

(CD)

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