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New homes down 9% on previous year, NHBC figures show
The number of new homes registered to be built in the UK in July was 9% lower than a year ago, new figures from the National House Building Council (NHBC) have revealed.
In July 2019, 14,262 new homes were registered to be built, compared with 15,719 a year ago.
However, the number of new homes registered in the affordable and rental sector last month (3,864) is roughly the same as the previous year (3,842).
For the three months between May and July, the number of registrations in the affordable and rental sector increased by 10%, with 13,579 registrations recorded for the period in 2019 compared with 12,358 in 2018.
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During this period, the total number of new home registrations across the quarter also increased by 2%, from 43,199 in 2018 to 44,163 in 2019.
Last year’s NHBC figures revealed that new home registrations for the period between July and September were at its highest in 11 years.
In England, the number of housing registrations was up from 36,577 in the three-month period in 2018, to 38,283 for the same period this year. Scotland saw a small drop from 3,557 in the third quarter of last year to 3,269 this year, while Northern Ireland and Wales also saw falls in the number of houses registered.
The East of England was the area with the highest growth in registrations compared with last year, with 6,105 homes registered in 2019, up from 4,862 in 2018. London also saw the number of new home registrations grow, with 6,513 registrations in the months between May and July, up from 5,383 last year.
Steve Wood, chief executive at the NHBC, said: “Although new home registrations for July are down compared to 12 months ago, we are still seeing signs of growth coming through with the rolling quarter.
“Despite the uncertainties and concerns around Brexit, the industry remains resilient and you can see that in these figures.”
