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House-building up 12% in second quarter

There was an 11.6% increase in new homes registered with the National House-Building Council (NHBC) in the second quarter of 2015. Latest NHBC registration figures show that there were 41,268 new homes registered in the UK during Q2 this year, compared to 36,986 for Q2 2015.

Private sector registrations totalled 30,462 (2014 Q2: 27,388) and in the public sector there were 10,806 (2014 Q2: 9,598).

For the first six months of 2015 total new home registrations reached 81,487, a 14.5% increase on the 71,152 new homes registered by NHBC members in the first half of 2014.

Every region of the UK has seen house-building accelerate this year except for greater London, although that remains the busiest region. The data comes from new registrations for NHBC’s warranty service, which covers an estimated 80% of the new home market.

Highlights of the statistics include booming development of retirement housing. During the first six months of 2015 there more homes built specifically for the elderly than during the whole of 2014. Builders registered 2,337 retirement properties in the first half of this year, and just 1,919 during the whole of 2014.

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