Posts with tag: residential developments

New Home Registrations Rising

Published On: September 1, 2015 at 9:19 am

Author:

Categories: Landlord News

Tags: ,,,

New Home Registrations Rising

New Home Registrations Rising

The amount of new homes being registered to be built around the UK is rising, outperforming levels recorded in 2014, according to the National House Building Council (NHBC) data for July.

After a strong second quarter (Q2) of this year, the new figures reveal a rise of 14% for the rolling quarter May-July, compared to the same period last year.

The NHBC announced that 43,684 new homes were registered, with 32,521 in the private sector and 11,163 in the public sector.

Last year, 38,365 new homes were registered in the same three-month period, of which 28,804 were in the private sector and 9,561 were in the public sector.

However, new home registrations have dropped in two regions, Yorkshire and the Humber and the South East.

Total new homes registered in May-July

Region

May-July 2015

May-July 2014

North East 1,638 1,375
North West 4,062 2,983
Yorkshire and the Humber 1,821 2,470
West Midlands 3,632 3,266
East Midlands 3,602 4,059
East of England 4,752 3,555
South West 4,146 3,975
Greater London 9,118 6,326
South East 5,204 6,154
Total for England 37,975 34,163
Scotland – Councils 3,543 2,492
Wales – Unitary authorities 1,327 1,143
Northern Ireland – Counties 839 567
Total for UK 43,684 38,365