Private sector starts drop 49% in first quarter of the year

NHBC new homes statistics

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.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now