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Housing registration figures remain flat

New housing registration figures from NHBC have revealed a flat housing market across the UK.

In total there were 28,151 new homes registered across all sectors for Q3 2012, compared to 30,039 in the previous year, representing a slight drop of 6%. Broken down, the private sector experienced a 7% decline, with social housing numbers down 5% against Q3 2011 figures.

However, the latest Q3 figures revealed a 9% increase in registrations compared to Q2 (April - June; 25,798).

Richard Tamayo, NHBC Commercial Director, said: "Recent measures announced by the Government are desperately needed but their success will only be realised through a collaborative effort between the industry and government. This will hopefully have a positive effect on the stagnation of overall housing levels in the UK."

New Homes Statistics Review Q3 2012

NHBC UK statistics for July - September 2012 show that:

For the rolling quarter July - September 2012 the total number of registrations was 28,151, a 6% decrease on the same period last year (30,039). Of these:

  • Private sector registrations in July - September decreased by 7% (20,328), compared with the same period in 2011 (21,770).
  • Public sector registrations in July - September decreased by 5% (7,823) when compared with the same period a year ago (8,268)

Full regional breakdown of total new homes registered July - September 2012 by region/country:

Region

July - September 2012

July - September 2011

England - Regions

 

 

North East

1,169

931

North West

2,348

2,172

Yorkshire & the Humber

1,310

1,759

West Midlands

2,131

2,472

East Midlands

2,009

1,990

Eastern

2,584

3,150

South West

3,443

2,824

Greater London

4,841

6,308

South East

4,848

4,439

Totals for England

24,683

26,045

Scotland - Councils

1,985

2,169

Wales - Unitary Authorities

1,090

1,166

Northern Ireland - Counties  (incl. Isle of Man)

393

659

Totals for UK (Incl. Isle of Man)

28,151

 

30,039

 

From March 2012 our Quarterly Statistics are incorporated into NHBC's Housing Market Report - Subscribe here.

Media contact at NHBC

Nadia Bedra or James Hall
nbedra@nhbc.co.uk, 01908 746 734
jhall@nhbc.co.uk, 01908 746 738

News Date: 26/10/12