The latest new home
figures from NHBC have revealed that 11,597 new homes were registered to be
built in the UK in February.
A total of 9,124
were registered in the private sector during the month (9,544 in 2017), with
2,473 in the affordable sector (3,713 last year) - broadly in line with
registration volumes over the previous two months.
Between December and
February 34,811 new homes were registered compared to 36,275 the year before.
The private sector increased by 1% with 26,707 new homes registered, marginally
up on the 26,430 a year ago. However, the affordable sector fell by 18% over
the same period (8,104 v 9,845).
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.
Commenting on the
latest new home registrations statistics, NHBC Chief Executive Steve Wood said:
"Our new statistics show that while the private sector continues to
perform comparably with last year, numbers coming through in the affordable
sector are below the record levels seen in 2017.
"As the year
progresses, NHBC will continue working with the industry to help raise the
standard of new homes, with a strong focus on delivering quality for new home
buyers."
NHBC UK statistics
for December 2017 - February 2018 show that during December ’17 – February ‘18
the number of NHBC new home registrations was 34,811 compared to 36,275 a year
ago. Of these: 26,707 were registered in the private sector, compared to 26,430
in the previous year; and 8,104 were registered in the affordable sector,
compared to 9,845 in the previous year.
