More than 14,500 new homes registered in October, reports NHBC

NHBC

New home growth has continued throughout October according to the latest statistics from NHBC, with 14,579 homes registered in the UK, following the strong numbers seen in recent months.

This represents an 8% increase on October 2017 (13,482), with the private sector up 7% (11,097 compared to 10,383 in 2017) and the affordable sector up 12% (3,482 compared to 3,099 in 2017).

For the rolling quarter, between August and October, 42,307 new homes were registered compared to 39,625 in 2017 – an increase of 7%.  During this period there were 32,565 new homes registered in the private sector (30,871 in 2017: +5%) and 9,742 in the affordable sector (8,754 in 2017: +11%).

Overall there is growth in eight out of 12 UK regions, including Yorkshire & Humberside (+34%), London (+31%) and the South West (+24%).

Commenting on the October figures, NHBC Chief Executive Steve Wood said: “Despite a slow start to the year because of the extreme weather conditions, it is very pleasing to report that the upturn in registrations we saw over the summer is continuing.

“Although there is some caution as we all wait to see what happens on Brexit, we are hopeful that this strong end to the year will be maintained, as the industry strives to build more new, high-quality homes that the UK needs.”

www.nhbc.co.uk

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

More Latest News

Kaldewei
Latest News

Cayono product family

Kaldewei completes the Cayono product family with the addition of the Cayono washbasin as Cayono washbasins now join bathtubs and shower surfaces As if from

Latest News

Keeping properties secure

Fitting a simple metal plate to a door has stopped homeless people from entering and sleeping in communal areas at a London apartment block looked

Latest News

Timber frame construction the Norbord way

Timber frame construction brings many benefits to the housebuilding industry, including quicker build times, quieter assembly, fewer deliveries to site, cost savings and a reduction

Latest News

New homes coming to North Devon

Independent West Country house builder Devonshire Homes has exchanged conditional contracts for the acquisition of over 18 acres of land for a new build homes