NHBC has announced that 10,721 new homes were registered with it in February – a 7% decrease on the same month last year.
Image: Ceebeestock/AdobeStock
For the rolling quarter, between December and February 34,199 new homes were registered compared to 34,723 a year ago – a decrease of 2%. During this period there were 23,105 new homes registered in the private sector, down 13% on the previous year, and 11,094 in the affordable sector, a rise of 36%.
However, despite the decrease overall in registrations half of the 12 UK regions experienced some growth in this period, including London (+17%), the North West (+11%) and the South East (+9%).
Commenting on the latest figures NHBC Chief Executive Steve Wood said: “Continuing the trend from January we are seeing strong numbers in the affordable sector but an understandable drop in the private sector amid the ongoing Brexit uncertainty.”
NHBC is a leading warranty and insurance provider for new homes in the UK.
