Wednesday, 10 December 2014

Housebuilding figures continue to grow but momentum must be maintained say NHBC

October saw the highest number of new home registrations recorded in a month since 2011, according to figures released by NHBC.

A total of 13,950 new homes were registered over the month - 11,151 for the private sector and 2,799 for public housing. The last high point during a month was in June 2011 when 14,565 homes were registered. October's figures were also a 10% improvement on October 2013, NHBC said.

NHBC commented that the figures were in part strengthened by the registration of 539 new units during the third phase of the Battersea Power station project.

Growth in the quarter of August to October - at 14% against the same period last year - was led by the private sector, where registrations grew 20% to 29,341. Public sector registrations dipped 7% to 7,799. In total, 37,140 new homes were registered during the three month period.

NHBC's CEO Mike Quinton said: "The October figures show that the UK housebuilding industry is continuing to build on the strong new housing volumes seen in 2013. All the signs are that 2014 will be another encouraging year with growth being registered across all parts of the UK.

"While this is obviously positive news, we know that the industry is working from a historically low base so there is still much work to do to ensure this momentum continues." sales and marketing recruitment for the building products sector

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