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30/08/2013

House-Building Increases In The UK

NHBC's latest registration statistics show that house-building levels in the UK continue to show improvement on recent years, with figures for July being 19% higher (13,539) than the same month last year (11,391).

Taking the rolling quarter into account (May - July 2013), the period reveals a 30% increase compared to the same period last year.
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Additionally, the private sector reported the highest number of registrations for over five years, with 10,300 new homes registered in July; the highest since February 2008 when 10,465 homes were registered.

NHBC Commercial Director Richard Tamayo said: "July was a bumper month for new home registrations, particularly for the private sector.

"As we have emphasised over the course of the year, this recovery is from a relatively low base but nevertheless reveals that builders are beginning to meet the growing demand to provide the new homes that the country desperately needs. Looking ahead we hope that the rest of the year continues this long overdue recovery story."

(CD/JP)

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