NHBC reports rise in new homes
Published:  15 October, 2009

MILTON KEYNES: Latest statistics from NHBC show the sixth rolling quarter-on-quarter rise in applications to start new homes in the UK.

During the three months June to August 2009 NHBC received 24 246 applications to build new homes in the UK, an increase of 2.5% on the previous rolling quarter (23 661).

Around half of the regions across the UK showed an improvement on the last rolling quarter.

The North East reported 16% more registrations than the same period last year, compared with the period May to July 2009 when figures were 24% less than in the same period of 2008.

Similarly, figures in Wales reveal 18% more registrations during the three months to August 2009 (639) in comparison with the same period last year (540).

With 3182 newbuilds registered for the three months June to August 2009, Greater London was 29% lower than the same period last year (4512).

Imtiaz Farookhi, NHBC chief executive, said: "The sector is undergoing a period of consolidation after a very challenging year. The autumn is a significant time, as we will be able to take a view of the market in light of improving economic indicators and the resulting effect on the sector's confidence."

NHBC statistics for the three months to the end of August 2009 also show:

Of the applications to start new homes in the combined private and public sectors in the UK during the three months to the end of August, 15 271 were related to private sector activity - 4% higher than the same three-month period a year ago (14 665).

Public sector figures for the three months to the end of August totalled 8 975 - 14% lower than the same period a year ago (10 432).

Newbuild completions in the combined private and public sectors in the UK totalled 30 668 for the three months to the end of August 2009 - 25% than the same period a year ago (40 955).

The average number of daily sales of new homes in the UK recorded by NHBC during June to August 2009 was 342 - 25% lower than the same period a year ago (458).

NHBC publishes a quarterly booklet of its new house-building . To subscribe, visit the website.




Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight

Recruitment

Builders Merchants Vacancies – UK Wide

We have vacancies all over the UK for those who work within the Building Supplies sector.

Guest Blog by Michael Barnett
A Bright future predicted for housing construction

One of the major talking points in the wake of the Brexit decision has been around the country’s current housing shortage with a YouGov poll from this year revealing that first time house buyers are now 38-years-old, on average.

Events Diary