Home registrations on the rise

Home registrations on the rise

14,228 new homes registered in April, reports NHBC.

More than 14,000 new homes were registered to be built in the UK in April according to NHBC’s latest registration statistics – an increase of 17% compared to a year ago.

A total of 14,228 new homes (11,258 private sector; 2,970 public sector) were registered in April, compared to 12,201 (8,988 private sector; 3,213 public sector) 12 months ago. Completions were also up 4% for the month compared to last April (10,378 in 2016; 10,005 in 2015).

There were 40,399 new home registrations in the rolling quarter (February 2016 – April 2016), a slight decrease of 1% on last year’s figures (40,877).

During these three months several regions experienced a notable growth in registrations, compared to 2015, including the North East (+47%), South East (+23%) and Yorkshire & Humberside (+18%).

Commenting on the latest figures, NHBC Chief Executive Mike Quinton said: “April’s new home figures show that the industry enjoyed a successful month, with registration numbers well ahead of this time last year. For the rolling quarter, new home registration volumes are virtually identical, demonstrating further consolidation on last year’s levels.

“During these periods of sustained industry activity and production, NHBC remains committed to ensuring the highest possible quality in the standards of the UK’s new homes.”

As the leading warranty and insurance provider for new homes in the UK, NHBC’s registration statistics are a lead indicator of UK house-building activity. For 80 years, NHBC has been committed to driving up quality and raising standards in housebuilding and has approximately 80% market share.

Related posts