Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Housebuilding levels in July strongest since 2007

Housebuilding levels in July were at their highest levels since the onset of the credit crunch, according to new figures from warrantee body NHBC.

The number of homes registered with the organisation in July was the highest since the same month in 2007.

NHBC said 13,539 homes were registered last month, which was a 19 per cent increase on a year earlier.

Despite the rise, housebuilding is still well below its pre-recession level. In July 2004, 18,518 homes were registered and 15,537 were recorded in July 2007.

There was also a 30 per cent increase in registrations in the three months to July – 37,738 – on the year.

The rises were not evenly spread around the regions. Registrations fell in East Midlands and East Anglia between May-July 2012 and the same period a year later, while in London they shot up from 4,555 to 7,917.

The number of private sector homes registered – 10,300 – was the highest since February 2008.

NHBC commercial director Richard Tamayo said: “July was a bumper month for new home registrations, particularly for the private sector.

“As we have emphasised over the course of the year, this recovery is from a relatively low base but nevertheless reveals that builders are beginning to meet the growing demand to provide the new homes that the country desperately needs.

“Looking ahead we hope that the rest of the year continues this long overdue recovery story.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.