New home registrations continue to rise

The number of new homes registered across the country remains up compared to corresponding 2013 statistics, building on the high volumes seen over the past 18 months, according to the latest registration statistics from NHBC.

For the rolling quarter March - May 2014 a total of 37,975 new homes were registered with NHBC compared with 36,487 in the same three month period last year - an increase of 4 per cent and a continuation of the sustained growth seen during the year to date

Statistics for May show that the month had the highest number of registrations so far this year (13,220), but was down slightly by 5 per cent on last year's corresponding month (13,914), which itself was the highest of 2013.

NHBC's chief executive Mike Quinton said: "House-building levels have remained steady, continuing through May and consolidating the high volumes seen in 2013.

Overall we are seeing steady growth on last year's exceptional figures and we obviously hope that this will continue throughout the remainder of the year as the sector continues its impressive recovery."