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House building levels need improvement

Increased numbers of new homes are being registered but at a rate still too low to meet housing needs, according to NHBC statistics out today.

July saw a dip in registrations (from 14,565 in June to 11,310 in July); however nearly 6,000 more new homes were registered with NHBC in May - July 2011, compared with the same period last year (from 30,771 to 36,716).

Imtiaz Farookhi, chief executive of NHBC, said: "We have seen growth in registration numbers; however, given the reduction in central Government funding for social housing, we will need to see an upturn in private demand if the increase in volumes is to continue over the next few years.

"In order for the UK to build the higher volumes identified by consecutive governments as required to meet population and household formation, difficult issues such as greater mortgage availablility and consumer confidence during current economic volatility will need to be addressed.

NHBC statistics for the rolling quarter May - July 2011 also show that:

  • Private sector registrations were up 16% (to 23,996) when compared with the same period a year ago (20,679)
  • Public sector registrations increased by 26%, from 10,092 to 12,720

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

Note to editors:

Full regional breakdown of new homes registered May to July 2011 by region / country:

Region

May 2011 to July 2011

May 2010 to July 2010

England - Regions

 

 

North East

973

897

North West

2,543

2,132

Yorkshire & the Humber

1,832

2,168

West Midlands

2,148

2,109

East Midlands

2,254

2,394

Eastern

4,399

3,675

South West

3,289

4,310

Greater London

8,512

4,707

South East

6,493

4,476

Totals for England

32,443

26,868

Scotland - Councils

2,879

1,872

Wales - Unitary Authorities

866

1,315

Northern Ireland - Counties

523

657

Isle of Man

5

59

Totals for UK

36,716

30,771

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: 26/08/11