Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
NHBC stats show overall number of new homes registered falls 40% year-on-year in wake of mini budget turmoil
The number of new homes registered with the National House Building Council in the UK in the first quarter 2023 was 40% down on the figures from the same period in 2022, with private sector starts 49% down.
A total of 27,673 new homes were registered in the first three months of this year, with 17,953 of those being in the private sector and 9,720 affordable and built-to-rent properties. Registration of homes with the NHBC effectively correlates with start of construction on site.
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