New figures from
NHBC have revealed that 14,753 new homes were registered to be built in the UK
during May, 1% up on the May 2017 figure of 14,662.
A total of 11,126
new homes were registered in the private sector in May 2018 (10,123 in 2017),
with 3,627 registered in the affordable sector (4,539 in 2017).
In the rolling
quarter, between March and May 2018, 39,322 new homes were registered compared
to 44,900 in 2017. During this period there were 29,049 new homes registered in
the private sector (32,259 in 2017) and 10,273 new homes were registered in the
affordable sector (12,641 in 2017).
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 figures, NHBC Chief Executive Steve Wood said: "Despite the
challenging economic climate it is encouraging to see that new home
registrations for May were in line with the strong numbers we saw this time
last year.
"As ever, NHBC
will continue to support builders to deliver high quality new homes for the
benefit of residents and buyers."
NHBC UK statistics
for March 2018 - May 2018 show that the number of NHBC new home registrations
was 39,322 compared to 44,900 a year ago, of these: 29,049 were registered in
the private sector, compared to 32,259 in the previous year; and 10,273 were registered
in the affordable sector, compared to 12,641 in the previous year.
