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NHBC new home registrations show modest increase on last year

New figures released today by NHBC show that the number of new homes being registered across the UK remains slightly ahead of corresponding statistics for last year.

The latest statistics show that 38,099 new homes were registered for the rolling quarter May - July, compared to 37,738 for the same period last year; an increase of 1%, building on the strong growth seen throughout the country over the last 18 months.

The private sector continues to drive overall growth with numbers up nearly 7% for the rolling quarter compared to last year (28,861 this year; 27,028 last year) with the public sector remaining down on 2013 levels by 14% (9,238 this year; 10,710 last year).

Figures for July indicate a slight drop when compared to the same month last year (13,153 this year - 10,278 private sector; 2,875 public versus 13,539 for July 2013; 10,300 private; 3,239 public), although it is the second highest monthly total so far this year.

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's Chief Executive Mike Quinton said: "Our latest statistics continue the trend seen during the year to date, with monthly volumes remaining steady and consolidating on last year's overall levels.

"As we have stressed in the past, this recovery has been from a historically low base, so the industry must continue to work hard to meet the demand for more new, quality homes."

NHBC UK statistics for May - July 2014 show that:

For the rolling quarter May - July 2014 the total number of registrations was 38,099, a 1% increase on the same period last year (37,738). Of these:

  • Private sector registrations in May - July 2014 increased by 7% (28,861), compared with the same period in 2013 (27,028).
  • Public sector registrations in May - July 2014 decreased by 14% (9,238) when compared with the same period a year ago (10,710).

Full regional breakdown of total new homes registered May - July 2014 by region/country:

Region

May - July 2014

May - July 2013

England - Regions

 

 

North East

1,368

1,467

North West

2,616

2,313

Merseyside

332

552

Yorkshire & the Humber

2,423

1,978

West Midlands

3,211

2,795

East Midlands

3,984

2,571

Eastern

3,505

3,938

South West

3,924

3,961

Greater London

6,546

7,917

South East

6,056

6,203

Totals for England

33,965

33,695

Scotland - Councils

2,454

2,762

Wales - Unitary Authorities

1,123

884

Northern Ireland - Counties

516

360

Isle of Man

41

37

Totals for UK

38,099

37,738

 

NHBC's role is to support the industry in maintaining and improving the build quality of new homes for homebuyers, whilst providing the benefit of its 10-year Buildmark warranty protection, when required.

NHBC does this through a wide range of activities, from standards setting through technical support to warranty and insurance.

NHBC is a non-profit distributing organisation with no shareholders. It invests any surplus into activities that improve new homes further, in particular through its research arm, the NHBC Foundation.

NHBC is the leading warranty and insurance provider for new homes in the UK. NHBC's ten-year Buildmark warranty covers around 80 per cent of new homes built in the UK, having covered nearly eight million homes since it began and currently protecting around 1.6 million homes.

 

NHBC Media Contacts

James Hall | 01908 746 738 | 07432 786 851
Nadia Bedra | 01908 746 734 | 07501 226 656

News Date: 29/08/14