Builders registered nearly 38,000 new homes in the UK during the third quarter of this year.
The figure represents a 6% jump on the same period last year and is the highest Q3 figure since the recession.
The latest NHBC home registration statistics reveal private sector saw a 9% increase for the quarter to 29,083 with 8,853 new homes registered in the affordable sector – a 5% decrease on last year.
Seven out of the 12 UK regions experienced growth in registrations compared to the same period last year.
Scotland (3,056 +50%), East Midlands (3,575 +42%) and the North East (2,078 +34%) were among the regions with the biggest rises.
The NHBC is the leading warranty insurance provider for new homes in the UK making its figures a lead indicator of construction activity.
NHBC Chief Executive Steve Wood said: “We have seen encouraging growth in terms of the number of new homes being registered over the last three months, across many parts of the country.
“With demand for high quality new homes as strong as ever, this is positive news for the industry and prospective homebuyers, particularly in light of the current political and economic uncertainties.”
from Construction Enquirer http://www.constructionenquirer.com/2017/10/26/new-home-building-plans-hit-highest-level-for-a-decade/
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