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NHBC reports an increase in new home registrations during February

An increased number of homes were registered by house builders during February, according to NHBC, with the highest number of public sector registrations for the last nine months.

During February, 8,917 new homes were registered in the UK, compared to 7,788 in January. Of those, 3,289 were registered in the public sector (compared with 2,304 in January) - the highest since May 2010, when 3,795 new homes were registered.

The number of private sector registrations during February (5,628) rose compared to January as well (5,484), but was lower overall than the same month last year (6,736.)

Imtiaz Farookhi, chief executive of NHBC, said:

"The recent budget delivered a welcome boost to the housing industry with first time buyers given incentive to buy and housebuilders given incentive to build.  The fact that the number of private sector registrations during February was down on 2010 figures suggests that many housebuilders this year were waiting to see what the budget - and indeed the key spring selling season - would bring.

"Certainly following this week's announcement we are hopeful that this sense of caution will ease going forward."

Figures for rolling quarter December 2010 ¿ February 2011 (24,090) showed no material change on the same period a year ago (24,105).

NHBC statistics for the rolling quarter December 2010 - February 2011 show that:

  • Private sector registrations were down 3% (to 16,101) when compared with the same period a year ago (16,669) 
  • Public sector registrations were up 7%, from 7,436 a year ago to 7,989 this quarter

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

Note to editors:

Full regional breakdown of new homes registered December 2010 to February 2011 by region / country:

Region

December 2010 to February 2011

December 2009 to February 2010

England - Regions

 

 

North East

783

908

North West

1,413

1,369

Yorkshire & the Humber

966

1,465

West Midlands

1,499

1,860

East Midlands

1,485

2,037

Eastern

3,406

3,017

South West

2,857

2,589

Greater London

4,154

2,787

South East

4,666

4,635

Totals for England

21,229

20,667

Scotland - Councils

1,688

1,814

Wales - Unitary Authorities

770

927

Northern Ireland - Counties

402

678

Isle of Man

1

19

Totals for UK

24,090

24,105

Media contact at NHBC:

Nadia Bedra or Tom Howard
nbedra@nhbc.co.uk, 01908 746 734
thoward@nhbc.co.uk, 01908 746 735

News Date: 25/03/11