Thursday, 24 October 2019

Number Of New Home Registrations Slowed In Third Quarter


The number of new homes being registered slowed down in the third quarter of this year, according to industry figures. There were 39,364 registrations – down by 9% compared with the same period a year earlier, the National House Building Council (NHBC) said. The NHBC is a warranty and insurance provider, covering around 80% of new homes built in the UK. Builders register homes to be built in the coming weeks or months – so the figures are an indicator of the level of new housing supply in the pipeline. The year-on-year fall in registrations was driven by home registrations in the private sector. Read more on the Yahoo Finance website.

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