Construction UK Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
29/02/2016

9% Fall In Home Registrations At Start Of 2016

Construction News Image
The latest figures from the NHBC have revealed that 10,309 new homes were registered in January 2016, a fall of 9% compared to the same period in 2015.

The figures come after NHBC reported a 7% year on year increase in the number of new home registrations in 2015. In January 2016 a total of 7,885 private sector and 2,424 public sector homes were registered compared to 8,784 private sector and 2,562 public sector homes in January 2015.

In the rolling quarter (November 2015 to January 2016) a total of 32,468 new homes were registered, compared to 35,732 in the same period 12 months ago, a fall of 9%.

-- Advertisement --
hss

NHBC figures also show a 10% increase in the number of new home completions in the rolling quarter (November 2015 to January 2016). Completions increased to 33,182 from 30,155 in the same period 12 months ago, reflecting the strong registration growth seen during 2015.

As the leading warranty and insurance provider for new homes in the UK, NHBC's registration statistics are a lead indicator of UK house-building activity. For 80 years, NHBC has been committed to driving up quality and raising standards in housebuilding and has approximately 80% market share.

Commenting on the latest figures, NHBC Chief Executive Mike Quinton said: "We saw continued growth in new home registrations throughout 2015. Whilst the January figures indicate a slower start to 2016, industry confidence remains high, with last year's growth reflected in the increase in new home completions in the past three months.

"There's no doubt that house builders are extremely active and are optimistic about future growth. With many ambitious build programs underway, it is clear the industry is committed to delivering the high quality new homes the country needs."

(MH)

Latest Construction News

25/11/2024

Estilo Interiors has been selected to help Bruntwood SciTech as they invest a further £2.4 million into Birmingham as part of a plan to transform its Mclaren innovation hub. The project, located less than five minutes' walk from the future HS2 Curzon Street Station, will involve the building ...
25/11/2024

Cambridge Investment Partnership (CIP) has reached a significant milestone at Aylesborough Close in Arbury, with the completion of a topping-out ceremony. CIP board members, ward councillors, One Public Estate, Homes England and the CIP team gathered to lay the final brick at the highest point of ...
25/11/2024

Lovell has appointed Nicola Colley as head of land in the West Midlands, boosting the business' expertise in land opportunities. Having previously worked at Lovell for 12 years, Nicola has returned to a brand-new role at the national housebuilder, bringing with her experience from Taylor Wimpey ...
25/11/2024

Stepnell has commenced enabling works for a significant £9 million refurbishment of the Grade II listed Town Hall in Hugh Town, located on St Mary's in the Isles of Scilly. Spearheaded by the Council of the Isles of Scilly in partnership with Scilly Arts & Heritage, the project marks a pivotal ...
25/11/2024

Morgan Sindall Construction has successfully completed the restoration of West Bromwich Town Hall and Library, restoring the significant building to its former glory for the community to enjoy. Prior to the project's handover, Morgan Sindall gave a presentation to the SMBC Members and Town ...
25/11/2024

Persimmon Homes Severn Valley has donated 10,000 bricks to AccXel, the Construction Skills Accelerator Centre in Cinderford. The contribution will enable students at the Gloucestershire-based facility to gain hands-on experience and develop essential skills for the construction industry. The ...
25/11/2024

Nearly a year after work began, significant progress is being made at Huddersfield station as part of the Transpennine Route Upgrade (TRU). This transformative project aims to modernise the key northern transport hub while preserving its rich heritage as a Grade I listed building. One of the ...
25/11/2024

Renovating a property can be a challenging and complex process, especially when integrating new and existing building elements. At R Elliott Associates Ltd, we specialise in helping clients navigate these challenges by providing expert planning, design, and support to pre-empt any potential ...
25/11/2024

Northumbrian Water has announced a significant investment of £3.5 million at its Great Ayton Sewage Treatment Works (STW) to enhance its capacity to manage stormwater. The project involves the installation of a new storm tank capable of holding up to 317 cubic meters of combined rainwater and ...
25/11/2024

Balfour Beatty Flannery, a partnership between Balfour Beatty and Flannery Plant Hire, has trained its 1,000th student at its Operator Skills Hub. With over 250,000 additional workers needed in the construction industry by 2028, Balfour Beatty Flannery's Operator Skills Hub is key in addressing ...
Stuart CanvasT & D Glazing And Installation LimitedBRICOFLOR UKLakeside HireAqua Direct LtdEfco UK LtdThink Construction Skills Ltd.North Ridge PumpsLS Engineering (Shropshire) LimitedYou Can Do It Training Ltd
Terms and Conditions
2024/11/26 11:41:28