Figures, newly released by NHBC, indicate that new home registrations for 2015 have remained consistently higher than the previous year, with strong growth experienced in May.
The figures are also indicative of a potential resurgence for the public and affordable housing sector which saw registrations increase by 8%.
The private sector has risen from 28,216 in 2014 to 33,046 – an impressive 17% increase for the period – while the public and affordable sector is up from 10,031 in 2014 to 10,941.
During May, 14,392 new homes were registered – 11,162 private sector, 3,330 public sector – which marks a 9% increase on the 13,194 homes – 10,198 private sector, 2,996 public sector – registered in May of last year.
Commenting on the latest statistics NHBC Chief Executive Mike Quinton said: “So far in 2015 we have seen new home registrations remain consistently ahead of 2014 levels, which is clearly encouraging news for the industry.
“There have also been signs that the public and affordable sector is continuing to improve while the uncertainty predicted by some around the period of the General Election failed to materialise, with steady growth a constant feature throughout the year to date.”
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