2013 sees five-year high for housebuilding output
Published by Max Salsbury for 24dash.com in Housing and also in Development
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The UK housebuilding industry is continuing to recover with 2013 seeing the highest half-yearly total of new homes registered since 2008, NHBC's latest statistics have revealed.
Between January and the end of June this year, 67,422 new homes were registered, with figures for 2013's second quarter revealing a 38% increase in registrations for the April to June period, compared to the same period last year (35,683 in 2013 compared to 25,798 in 2012).
NHBC commercial director Richard Tamayo said: “Our latest registration statistics show an encouraging broad-based recovery. While London remains an engine for growth we are seeing overall numbers up across the UK with both the private sector (up 23% to 48,817 in Jan – June 2013 compared to 2012 figure of 39,836) and the public sector (up 56%; 18,605 compared to the same half-yearly period in 2012; 11,960) contributing fully to this growth.
“The chancellor’s announcement this week in relation to mortgage guarantee guidance to help boost housing supply shows that the Government is maintaining its commitment to help the industry and those looking to buy a new home.
“After a pause in June while builders focussed on completions for their full and half years, July registrations are showing clear indications that builders are returning to the challenge of ramping up production and increasing volumes from this current low base.”
Full regional breakdown of total new homes registered April - June 2013 by region/country: