NHBC's New Home Registrations Continue To Rise
NHBC produces statistics derived almost exclusively from its 15,000 registered builders, who construct around 80% of the new homes built in the UK. As such, they represent a unique source of detailed, up-to-date information on new home construction and the house-building industry.
According to the latest statistics from warranty and insurance provider NHBC, the number of new homes registered across the country remains up corresponding to 2013 statistics.
Statistics show for the rolling quarter March - May 2014 a total of 37,975 new homes were registered with NHBC compared with 36,487 in the same three month period last year. This is an increase of 4% and a continuation of the sustained growth seen during the year to date.
May had the highest number of registrations so far this year with 13,220, but was down by 5% on May last year.
NHBC's chief executive Mike Quinton said: "House-building levels have remained steady, continuing through May and consolidating the high volumes seen in 2013.
"Overall we are seeing steady growth on last year's exceptional figures and we obviously hope that this will continue throughout the remainder of the year as the sector continues its impressive recovery."
This can only be good news for the building industry, if the large house builders are busy they leave the smaller builders to do the small developments, extensions and general day to day work making sure there is enough work for everyone.
“Good news for the industry overall” says Greengates Builders Merchants Accrington, Lancashire.