Private new-build home registrations fall 12%

Aaron Morby 6 months ago
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Private new-build homes starts have fallen 12% in the three months to October compared to the same time last year.

The sharp slowdown in private homes registrations with the NHBC in the UK was partially offset to a 22% jump in the number of affordable and private rental homes listed.

Across the board, this equated a 4% fall in registrations over the three months.

Just four of the 12 UK regions showed growth, with the West Midlands sharply up 56%, London registering a 10% rise and Yorkshire and Humberside ahead 6%.

The once-booming north west recorded the biggest slowdown with registration down by just over a quarter.

 

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