- New home registrations in the UK surged 36 per cent in the first quarter of 2025 compared to the same period in 2024, according to the NHBC.
- The private sector saw a 62 per cent increase in registrations, while the rental and affordable sector experienced a slight decline.
- Detached homes and bungalows saw the largest growth in registrations, while apartments saw a small decrease.
- Despite global uncertainties, factors like easing inflation and lower mortgage rates contribute to a positive outlook for UK house building.
- London was the only region to experience a decline in new home registrations, attributed to building safety regulations and lower housing association demand.
IN FULL
