Real uplift in July new home registrations with NHBC7 September 2018
New figures from NHBC have revealed that more than 15,800 new homes were registered to be built in the UK in July, a 35% increase on the same month last year.
12,087 new homes were registered in the private sector in July 2018 (8,421 in 2017), with 3,782 registered in the affordable sector (3,362 in 2018).
For the rolling quarter, between May and July, 43,600 new homes were registered compared to 39,421 in 2017 an increase of 11%. During this period there were 31,264 new homes registered in the private sector (28,056 in 2017: +11%) and 12,336 new homes registered in the affordable sector (11,365 in 2017: +9%).
Over this period, London experienced an 86% increase in registrations, partly due to an increase in the number of large housing association and private rental sector developments registered in the capital.
“Following a slow start to the year due to the extreme weather, we have had promising new home figures in recent months with July seeing a real uplift,” said NHBC chief executive Steve Wood.