Strong housing growth in November, reports NHBC as new home levels top 15,000
New home growth is continuing with more than 15,000 new homes registered to be built in November, according to the latest figures from NHBC – the second highest monthly total of 2018. A total of 15,155 new homes were registered (11,135 private sector; 4,020 affordable sector), a 2% increase on the 14,802 a year ago […]
Dec 20, 2018
New home growth is continuing with more than 15,000 new homes registered to be built in November, according to the latest figures from NHBC – the second highest monthly total of 2018.
A total of 15,155 new homes were registered (11,135 private sector; 4,020 affordable sector), a 2% increase on the 14,802 a year ago (11,017 private sector; 3,785 affordable sector).
For the rolling quarter, between September and November, 43,745 new homes were registered compared to 40,858 in 2017 – an increase of 7%. During this period there were 33,104 new homes registered in the private sector (31,146 in 2017: +6%) and 10,641 in the affordable sector (9,712 in 2017: +10%).
Yorkshire & Humberside (+43%), Wales (+34%) and the South West (+21%) all experienced significant growth compared to the same period 12 months ago, with London down 16% and West Midlands down 11%. Overall, nine of the 12 UK regions saw an increase in new home registrations in the rolling quarter.
NHBC is the leading warranty and insurance provider for new homes in the UK and its registration statistics are a lead indicator for the new homes market.
Commenting on the November figures, NHBC Chief Executive Steve Wood said: “As we reach the end of the year it is reassuring to see continued strong new home registration numbers, with growth across the majority of the UK.
“Looking ahead to 2019, NHBC will continue to support the country’s house-building industry to deliver more, high quality new homes for consumers.”
Related Posts
Firecrest Construction Completes 40 Bed Care Home For Exemplar Health Care
Firecrest Construction has successfully completed the complex delivery of a new 40 bed care home in Bury town centre for Exemplar Health Care. As principal contractor to the scheme, Firecrest delivered the job on budget and on time, handing over after 64 weeks...
The Hill Group Achieves Hat Trick of Planning Successes Across the South East
Award-winning housebuilder The Hill Group has secured a hat trick of planning permissions across the South East, marking a significant milestone in the delivery of much-needed new homes across the region. Across three newly approved schemes in Essex, Oxfordshire and...
Hampshire construction firm charts record growth despite industry challenges
Hampshire-based construction firm, PAH Building & Construction, has already secured two thirds of its projected £18 million turnover for 2026, driven mainly by growth in its retrofitting and insurance work. This milestone has been achieved despite wider industry...