More than 13,000 new homes were registered to be built in the UK in February according to NHBC’s latest registration statistics.
A total of 13,277 new homes (9,666 private sector; 3,611 affordable sector) were registered in February, an increase of 9% on the 12,130 (9,572 private sector; 2,558 affordable sector) registered 12 months ago.
Overall, there were 36,355 new home registrations in the rolling quarter (Dec 2016 - Feb 2017), compared to 33,142 in the same period last year, an increase of 10%. Private sector registrations increased by 7% over this period (26,718 in 2016/17; 25,014 in 2015/16), with the affordable sector increasing by 19% (9,637 in 2016/17; 8,128 in 2015/16).
Over the rolling quarter many UK regions experienced notable growth, including Wales (93%), Yorkshire & Humberside (27%) and South West (22%), when compared to the same time last year.
As the leading warranty and insurance provider for new homes in the UK, NHBC's registration statistics, representing approximately 80% of the new homes market, are a lead indicator of UK house-building activity.
Commenting on the latest figures, NHBC Managing Director Neil Jefferson said: "The strong start to this year's new home registrations continues, with promising signs for the remainder of the first quarter.
"At a time when there is clearly a considerable demand for new homes, this growth in both the private and affordable sector is welcome news."
NHBC UK statistics from Dec 2016 - Feb 2017 show that during Dec '16 - Feb '17, the number of NHBC new home registrations was 36,355, compared to 33,142 in the same period last year. Of these: 26,718 were registered in the private sector, compared to 25,014 in the same period last year; and 9,637 were registered in the affordable sector, compared to 8,123 in the same period last.
