July housebuilding data reveals 19% rise
The number of new homes registered with the National Housebuilding Council (NHBC) rose 19 per cent last month
Total UK registrations were 13,539 in July compared to 11,391 in the same month last year (2012).
Furthermore the rolling quarter from May to July 2013 totalled 37,738 registrations, reflecting a 30 per cent increase on last year’s 28,951 haul.
According to the data, the private sector also saw its highest number of registrations in half a decade with 10,300 new homes registered in July; the highest since February 2008 when 10,465 homes were registered.
NHBC commercial director Richard Tamayo said: ‘July was a bumper month for new home registrations, particularly for the private sector.
‘As we have emphasised over the course of the year, this recovery is from a relatively low base but nevertheless reveals that builders are beginning to meet the growing demand to provide the new homes that the country desperately needs. Looking ahead we hope that the rest of the year continues this long overdue recovery story.’