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29/08/2014
'Slight' Rise In New Home Registrations
The number of new homes registered in the UK has risen slightly compared to the same time last year, according to the NHBC.
The statistics show that 38,099 new homes were registered for the rolling quarter May - July, compared to 37,738 for the same period last year; an increase of 1%, building on the strong growth seen throughout the country over the last 18 months.
The private sector continues to drive overall growth with numbers up nearly 7% for the rolling quarter compared to last year with the public sector remaining down on 2013 levels by 14%.
Commenting on the latest statistics, NHBC's Chief Executive Mike Quinton said: "Our latest statistics continue the trend seen during the year to date, with monthly volumes remaining steady and consolidating on last year's overall levels.
"As we have stressed in the past, this recovery has been from a historically low base, so the industry must continue to work hard to meet the demand for more new, quality homes."
(CD/MH)
The statistics show that 38,099 new homes were registered for the rolling quarter May - July, compared to 37,738 for the same period last year; an increase of 1%, building on the strong growth seen throughout the country over the last 18 months.
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The private sector continues to drive overall growth with numbers up nearly 7% for the rolling quarter compared to last year with the public sector remaining down on 2013 levels by 14%.
Commenting on the latest statistics, NHBC's Chief Executive Mike Quinton said: "Our latest statistics continue the trend seen during the year to date, with monthly volumes remaining steady and consolidating on last year's overall levels.
"As we have stressed in the past, this recovery has been from a historically low base, so the industry must continue to work hard to meet the demand for more new, quality homes."
(CD/MH)
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