New home registrations continue to be up on 2016

Latest News Fri, Sep 1, 2017 8:05 AM

More than 11,700 new homes were registered to be built in July, according to NHBC's latest new home registration statistics, an increase of 12% compared to the same month last year.

A total of 11,774 new homes (8,496 private sector; 3,278 affordable sector) were registered during the month, compared to 10,534 (8,115 private sector; 2,419 affordable sector) in July 2016.

During the rolling quarter 39,446 new homes were registered (May to July), a 6% increase on the 37,297 registered 12 months ago.

Over the rolling quarter 28,210 homes were registered in the private sector, representing a slight 1% decrease on the same period a year ago (28,466), with 11,236 new homes registered in the affordable sector, a 27% increase on 2016 numbers (8,831).

The continued rise in the affordable sector can be attributed to a number of larger Housing Associations developing homes for market rent, private sale and shared ownership, along with a rise in joint ventures with the private sector.

Eight out of the 12 UK regions experienced growth in registrations over the rolling quarter, when compared to the same period last year. West Midlands (3,780 +42%), the North West (4,753 +24%) and Wales (1,435 +34%) were among the regions with most notable growth.

As the leading warranty insurance provider for new homes in the UK, NHBC's registration statistics are a lead indicator of the UK's new homes market.

Commenting on the latest new home statistics, NHBC Business Development Director Neil Jefferson said: "It is encouraging that the growth in new home registrations seen over the the first half of the year has continued.

"With demand for new homes remaining strong, it is a positive sign that July's registrations show growth in both the private and affordable sectors and across most regions of the UK."

During May - July 2017, the number of NHBC new home registrations was 39,446 compared to 37,297 in the same period last year. Of these: 28,210 were registered in the private sector, compared to 28,466 in the same period last year; and 11,236 were registered in the affordable sector, compared to 8,831 in the same period last year.

Featured News

Specification news
Foster + Partners secures planning approval for 1 St...

Westminster City Council has granted planning permission for the redevelopment of 1...

Read More >>

Specification news
Maximum design freedom for the facade - Kalzip Flexform...

Koblenz – The design of the façade plays a central role in architecture, as it not...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

ACO Blue Roof Guide – Vol 2 Brochure

ACO Blue Roof Guide...
By ACO Building Drainag...

Download Now >>

Stannah Commercial Brochure Brochure

Stannah Commercial B...
By Stannah Group

Download Now >>

Stannah Midilift CLS Brochure

Stannah Midilift CLS
By Stannah Group

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Roofing Collections
Roofing Collections

Our carefully curated range of handmade roofing tiles and slates is specifically designed to...

Read More >>

Special Brick Collections
Special Brick Collections

Special-shaped bricks are specifically designed to feature a variety of shapes and dimensions that...

Read More >>

Brick Slips
Brick Slips

Brick slips manufactured from genuine clay bricks are available in rustic, traditional, and...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Reclaimed Brick Company Leah's Yard Square Sheffield
Reclaimed Brick Company Leah's Yard Square Sheffield

Reclaimed Brick Company is part of Leah's Yard Square in Sheffield, a historic site revitalised for...

Watch Now >>

Day in the life of a Reclamation Yard
Day in the life of a Reclamation Yard

A typical day at a reclamation yard is filled with activity and discovery. Early mornings often...

Watch Now >>

Reclaimed Brick Display at Reclamation Yard
Reclaimed Brick Display at Reclamation Yard

Reclaimed Brick Display at Reclamation Yard

Watch Now >>