Q3 2005 new house building statistics Northern Ireland 14/02/06
House-building activity in Northern Ireland decreased during the third quarter of 2005 according to statistics released today by NHBC. NHBC figures for Northern Ireland, reveal that a total of 2,322 applications were made to start new homes during the quarter, showing an eleven per cent decrease on the same period in 2004 (2,621).
In Northern Ireland the average anticipated selling price of new homes (registered with NHBC) during the third quarter of 2005 was £139,000, a 12 per cent increase on the third quarter of 2004 (£124,000). Based on actual selling prices, the proportion of homes sold for over £150,000 was 26 per cent, an increase on the same period last year (19 per cent).
Tom Kirk, NHBC Director for Northern Ireland, says: " While new house prices continue to rise, the number of applications to start new homes has decreased slightly. So far this year, there have been 7,699 applications to start new homes in Northern Ireland, a five per cent decrease on the same period last year. (8119)."
UK-wide figures (including the Isle of Man) show a total of 46,748 applications to start new homes during the third quarter of 2005, showing a four per cent decrease on the same period in 2004 (48,909). Of that total, 38,847 relate to private sector activity (i.e. excluding housing associations), showing an 11 per cent decrease on the same quarter of 2004 (43,407). Housing association starts totalled 7,901 - an increase of 44 per cent on quarter three of 2004 (5,502).
NHBC UK figures (including the Isle of Man) show there were 41,669 new build completions during quarter three of 2005, showing a one per cent increase on the same quarter last year (41,073).
The figure for the average daily sales of new homes in the UK for the third quarter of 2005 was 542, a decrease of one per cent on the same period in 2004 (546).
Quarter 3 2005 Regional Figures
- NHBC statistics are based almost exclusively on information relating to its 19,000 (approx.) registered house builders who construct about 85% of the new homes built in the UK. As such they represent a unique source of detailed, up-to-date information on new home construction and the house building industry.
