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Private sector housing registrations hit five-year high

28 Jun 13 Private sector housing registrations for May have hit their highest level since 2008, new figures from the National House-building Council (NHBC) have revealed.

In May 2013, 9,617 new homes were registered in the private sector, the highest monthly figure since 10,465 were registered in February 2008.

4,297 new public sector homes were also registered in May.

In total 36,487 new homes were registered for the period March-May 2013, compared to 27,125 for the same period last year, representing an increase of 35%.

As the leading warranty and insurance provider for new homes in the UK, NHBC’s monthly registration statistics provide data on the country’s new homes market.

NHBC commercial director Richard Tamayo said: “May’s registration figures build upon the solid volume growth seen over the last six months with the private sector providing a particular impressive showing, with a level of monthly activity not seen since 2008.

 “The latest figures can be seen as proof of how various government initiatives, such as the Help To Buy scheme, are working in delivering more new homes across the industry and evidence of increasing confidence returning to the home building industry.”

However, he added: “Although we have seen encouraging signs so far this year for UK housing registrations, the overall level remains below what the country requires and activity remains slower than before the economic downturn.”

Regional breakdown of total new homes registered March-May 2013:

Region

March-May 2013

March-May 2012

 
 
 

England - Regions

 

North East

1,652

784

 

North West

2390

1,971

 

Merseyside

613

409

 

Yorkshire & the Humber

1,436

1,264

 

West Midlands

2,742

2,271

 

East Midlands

2,731

1,974

 

Eastern

3,898

2,923

 

South West

3,747

2,727

 

Greater London

8,676

4,033

 

South East

4,298

4,178

 

Totals for England

32,183

22,534

 

Scotland - Councils

2,910

2,848

 

Wales - Unitary Authorities

759

1,286

 

Northern Ireland - Counties

609

427

 

Isle of Man

26

30

 

Totals for UK

36,487

27,125

 

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MPU

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