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Housebuilder optimism is backed by housebuilding stats

The hopes of housebuilders who are predicting recovery in 2010 are strongly supported by the most recent set of housebuilding industry figures from NHBC.

Applications to build new homes across the UK during rolling quarter October to December 2009 increased 64 per cent on the same period in 2008 (from 15,879 to 26,078).  

For the third consecutive month registrations have shown strong levels of recovery when compared with last year, with 7,149 new homes registered with NHBC for December 2009, up 68 per cent on the same time last year (4,259). In November 2009, the figure was up 71 per cent year-on-year, which was the highest figure for 18 months.  

"Our housebuilding colleagues across the industry have shown cautious optimism as they reveal their predictions for 2010, and our stats support the prospect of significant recovery", said Imtiaz Farookhi, chief executive of the NHBC.

"However, 2009 has been extremely challenging, with build levels extremely low. Now, the nation's housebuilders need support from the government as they see their way out of this downturn and try and meet the need for new homes. 2010 will be a watershed year in assessing whether housebuilding targets can be met, both in terms of the quantity and quality of new homes."

NHBC rolling quarter statistics show that all regions reported higher levels of registrations for rolling quarter October to December 2009 than the same period in 2008. The North-East and Merseyside continue to show particularly strong improvements of 269 per cent and 127 per cent on the same rolling period last year. 

NHBC statistics for the three months to the end of December 2009 also show:

  • Private sector applications held strong at 18,393 compared with 8,646 for the same period last year - an increase of 113 per cent

  • Public sector figures for the three months to the end of December were also up, at 7,685 - 6 per cent higher than the same period a year ago (7,233).

NHBC publishes a quarterly booklet of its new house-building statistics - subscribe here. 

Note to editors:

Full regional breakdown of new homes registered October to December 2009 by region / country:

Region

Oct to Dec 2009

Oct to Dec
2008

Percentage Increase / (-) Decrease

England - Regions

 

 

 

North East

690

187

269%

North West

1,531

1,006

52%

Merseyside

349

154

127%

Yorkshire & the Humber

1,343

807

66%

West Midlands

2,028

1,285

58%

East Midlands

2,102

1,209

74%

Eastern

3,165

1,785

77%

South West

3,104

1,919

62%

Greater London

3,281

2,698

22%

South East

4,807

2,772

73%

Totals for England

22,400

13,822

62%

Scotland - Councils

1,965

1,051

87%

Wales - Unitary Authorities

807

557

45%

Northern Ireland - Counties

861

436

97%

Isle of Man

45

13

246%

Totals for UK

26,078

15,879

64%

About NHBC

NHBC is the leading warranty and insurance provider for new homes in the UK. It was established more than 73 years ago as a non-profit distributing company. NHBC's primary purpose is to help raise standards to protect homeowners. NHBC's ten-year 'Buildmark' warranty covers more than 80% of new homes built in the UK and currently protects approximately 1.6 million homes.

News Date: 22/01/10