NHBC registrations rebound 20% in August
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A total of 12,486 new homes were registered to be built in the UK in August 2016, according to latest registration statistics from the National House Building Council (NHBC) – an increase of 20% on August 2015.

There were 9,225 private sector registrations and 3,261 public sector registrations in August 2016, compared to 8,385 private sector and 2,006 public sector registrations 12 months before.

However, for the three months ending 31st August 2016 there was an 8% decline in NHBC registrations. There were 36,869 new home registrations in the rolling quarter June to August 2016, compared to 40,123 in the same period in 2015. This fall is attributed to a hiatus in activity around the EU referendum, with August representing a return to growth.

As the leading warranty and insurance provider for new homes in the UK, NHBC’s registration statistics are considered a lead indicator of UK house-building activity. NHBC chief executive Mike Quinton said: “August’s registration statistics show that the number of new homes being registered is considerably up compared to the same time last year.

“While overall rolling quarter numbers are down 8%, this came during an unprecedented period of uncertainty immediately after the EU referendum. Despite this, over half of the UK regions experienced growth in registrations compared to the same three month period last year.”

 

Regional breakdown of new homes registered for June-August 2016

Country/Region

Jun-Aug 2016

Jun-Aug 2015

England – Regions

 

 

North East

2,220

1,444

North West

3,995

3,451

Yorkshire & the Humber

2,426

1,854

West Midlands

2,697

3,612

East Midlands

2,938

3,397

Eastern

4,294

 4,648

South West

4,261

3,460

Greater London

4,134

8,267

South East

5,367

4,511

Totals for England

32,332

34,644

Scotland – Councils

2,357

3,464

Wales – Unitary Authorities

1,226

1,202

Northern Ireland – Counties

  954

  813

Totals for UK

 36,869

40,123

 

 

 

 

MPU

This article was published on 30 Sep 2016 (last updated on 30 Sep 2016).

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