More than 16,000 new
homes were registered to be built by the UK’s builders and developers in
November according to NHBC’s latest figures, 7% more than a year ago (November
2018: 15,158).
16,175 new
developments were registered, with 10,662 in the private sector (11,036 in
2018) and 5,513 in the affordable and rental sector (4,122 in 2018).
For the rolling
quarter, between September and November, 44,361 new homes were registered
compared to 43,655 in 2018 – an increase of 2%. During this period there was a
7% decrease in the private sector, with the affordable and rental sector
growing by 28%, reflecting continued investment in the private rental sector.
The West Midlands
(+53%), London (+34%) and the Eastern region (+30%) were the fastest growing
regions over the latest three-month period.
NHBC is the leading
warranty and insurance provider for new homes in the UK and its registration
statistics are a lead indicator for the new homes market.
Commenting on the
latest figures, NHBC Chief Executive Steve Wood said: “As we near the end of
the year, it is good to report resilience in new home numbers, which should
give some confidence going into the New Year.
“As ever,
construction quality is central to everything NHBC does. We will keep working
with the sector to help improve new home quality for the benefit of consumers.”
NHBC UK statistics
show that:
- During Sept '19 – Nov '19 the
number of NHBC new home registrations was 44,361 compared to 43,655 a year
ago
- 30,416 were registered in the
private sector, compared to 32,737 in the previous year
- 13,945 were registered in the
affordable and rental sector, compared to 10,918 in the previous year.
