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Green shoots? Number of new homes on books hits yearly high

The number of registrations to build new homes has reached 9,163 – its highest level since July 2008

The latest statistics from the National House Building Council (NHBC) show that the majority of regions have improved on last month’s figures, with London leading the way. The North East showed a 306 per cent increase on the same period last year and Merseyside a 120 per cent rise.

NHBC chief executive Imtiaz Farookhi said: ‘It is encouraging that this month’s figures yet again show steady improvement in house building, supporting what many in the industry are saying – that the worst may be over.

‘The coming months will be a testing time for the industry, and it may be some time before we can confidently say that the industry is in recovery.’

NHBC statistics for the three months to the end of October 2009 also show that the average number of daily sales of new homes during August to October 2009 was 345 – just 8 per cent lower than the same period a year ago.

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