New home registrations fall in Q2

New home registrations fall in Q2

Builders registered almost 39,000 new homes in the UK during Q2 2018, according to NHBC’s latest new home registration statistics.

38,978 new homes were registered during the period April – June, a decrease of 3% on the 40,313 registered 12 months ago.

There were 26,808 new homes registered in the private sector (28,964 in Q2 2017) and 12,170 registered in the affordable sector (11,349 in Q2 2017).

Commenting on the latest figures, NHBC Chief Executive Steve Wood said: “We have seen some promising numbers coming through, in particular during May and June. The demand for new homes across the UK remains strong, so this is encouraging news for the industry and for consumers who are looking to buy a brand new home.”

Regions experiencing overall growth compared to the same period a year ago include Northern Ireland (+49%), the Eastern region (+27%) and Yorkshire & Humberside (+19%).

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

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