THE NUMBER OF NEW HOMES registered in 2019 reached the highest level since 2007 according to NHBC’s annual new homes statistics.
In 2019, 161,022 homes were registered with NHBC, an 81% increase on the 88,849 homes registered a decade ago (2009), making 2019 the strongest year for NHBC new home registrations since 2007.
Compared to the previous year, the number of homes registered in 2019 was up 1% (2019:161,022 v 2018: 158,878).
New home completions in 2019 of 150,436 were also marginally up on the previous year (149,702).
Over the ten-year period (2010 – 2019), a total of 1.4 million new homes (1,405,771) were registered to be built across the UK. These figures represent the first complete decade since the financial crash in 2007/08.
The regional picture
Over the same ten-year period, the West Midlands (169%) and North West (148%) have seen the highest percentage increase of new homes registered.
From 2018 to 2019 however, growth was driven by London, where new home registrations increased by 37%, with both the capital’s affordable and rental (+42%) and private housing markets (+33%) performing strongly.
NHBC Chief Executive Steve Wood said: “It is great to see the resilience of house builders over the 2019 year.
“This momentum needs to be maintained as we enter a new decade, with the industry ever-more focused on quality and fire safety.
“At NHBC we remain committed to our purpose of giving homeowners confidence in the quality of the nation’s new homes and working with house builders as the industry faces into the skills, supply chain and environmental challenges in front of us.”