UK's housebuilding output improving
Published by Max Salsbury for 24dash.com in Housing and also in Development
The UK's housebuilding output is continuing to improve, new statistics from NHBC show.
The figures for July, 13,539, are 19% higher that July 2012's output of 11,391.
Taking the May to July quarter into account, the period reveals a 30% increase compared to the same period last year, 37,738 over 28,951.
The private sector reported the highest number of registrations for over five years, with 10,300 new homes registered in July, the highest since February 2008 when 10,465 homes were registered.
Richard Tamayo, NHBC's commercial director, 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.”