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NHBC's new home registrations continue to rise

The latest registration figures from NHBC show that the number of new homes registered across the country remains significantly up compared to corresponding 2012 statistics.

In April alone 11,484 new homes were registered in the UK compared to 8,238 in April 2012 - an increase of 39%. In line with the positive Q1 statistics, 2013 continues to show a marked improvement on the number of new homes registered with NHBC, with year to date figures 26% higher for the period January to April compared to the same period last year (43,223 in 2013 compared to 34,236 in 2012).

As the leading warranty and insurance provider for new homes in the UK, NHBC's monthly registration statistics help to provide new and accurate data on the country's new homes market.

Commenting on the latest statistics, NHBC Commercial Director Richard Tamayo said:

"April's registration figures, combined with early indications of increased activity in May, build upon the solid volume growth seen in Q1 2013.

"Similar to previous registration figures this year, the upturn can be attributed in part to the Government's £2.2bn Affordable Homes Programme which according to Housing Minister Mark Prisk is on track to deliver the target of 170,000 new homes by 2015.

"We still need to remember, however, in the context of overall new home volumes, that the figures remain significantly below registration levels prior to the economic downturn and the levels the UK urgently requires to meet the needs of its demographic."

NHBC UK statistics for February - April 2013 show that:

  • For the rolling quarter February - April 2013 the number of registrations was 33,111, a 25% increase on the same period last year (26,405). Of these:
    • Private sector registrations in February - April 2013 increased by 20% (24,542), compared with the same period last year (20,390).
    • Public sector registrations in February - April 2013 increased by 42% (8,569) when compared with the same period a year ago (6,015).

Full regional breakdown of total new homes registered February - April 2013 by region/country:

Region

February - April 2013

February - April 2012

England - Regions

 

 

North East

1,329

849

North West

2,118

1,617

Merseyside

487

420

Yorkshire & the Humber

1,702

1,270

West Midlands

2,671

1,943

East Midlands

2,713

1,921

Eastern

3,411

2,510

South West

3,381

2,709

Greater London

7,325

4,578

South East

3,647

4,169

Totals for England

28,784

21,986

Scotland - Councils

2,700

2,877

Wales - Unitary Authorities

1,008

1,034

Northern Ireland - Counties

571

470

Isle of Man

48

38

Totals for UK

33,111

26,405

 

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: 03/05/13