NHBC Data Shows Second Highest New Home Registrations In Almost A Decade

NHBC Data Shows Second Highest New Home Registrations In Almost A Decade

115,689 new homes were registered in the private sector, compared to 117,506 in 2015 with 35,998 registered in the affordable sector, compared to 37,998 the previous year.

The 2016 figures represent a 70% increase in registrations compared to levels seen at the time of the housing crash in 2008/09. NHBC’s latest data also revealed that seven out of 12 regions experienced an increase in registrations, most notably Yorkshire & Humberside (+27%), South East (+14%) and North West (+12%), compared to 2015 figures.

NHBC Data Shows Second Highest New Home Registrations In Almost A Decade

Additionally, the overall UK total excluding London registrations shows a 4% increase on the corresponding figures from 2015, with 134,365 registrations in 2016 compared to 129,744 the previous year, for the UK without the capital.

National_House_Building_Council_(NHBC)_285848_NHBC Home Exterior Couple Sold Sign 1The number of new homes completed during 2016 (141,175) was also marginally up 1% on 2015’s total (140,407).

In terms of house types, 2016 saw the highest number of detached homes registered in the UK since 2004, with a total of 46,118 being registered and the highest number of semi-detached since records began 30 years ago (38,999).

Commenting on the annual statistics, NHBC Business Development Director Mark Jones said: “Taking into account the extraordinary events of 2016, the UK house-building sector has remained resilient, despite initial caution around Brexit. We have also seen some strong regional growth outside of London.

“Both industry and consumer confidence remains high and early signs indicate that the new year has begun positively.”

NHBC UK statistics for 2016 show that:

In 2016 the number of registrations was 151,687, a 2% decrease on last year (155,504). Of these:

  • Private sector registrations in 2016 decreased by 2% (115,689), compared with the same period in 2015 (117,506).
  • Affordable sector registrations in 2016 decreased by 5% (35,998) when compared to 2015 (37,998).

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