.gif)
While December 2010 was down on November 2010, this is a usual trend for the industry, reflecting a shorter month over the festive season.
NHBC says that new home registrations in December 2010 show an increase on 2009 figures, with 7,385 registrations during the month, compared to 7,149 in 2009. For the year, there were 115,458 new home registrations in 2010 compared with 88,083 in 2009.
NHBC chief executive Imtiaz Farookhi said: “No one is popping champagne corks but there is a growing belief that the worst is now behind us and we’re on the road to recovery.
“The pace and extent of that recovery really depends on factors out of the hands of the industry, such as mortgage availability and monetary pressures on consumers. These are the biggest obstacles that the house building sector now faces for the coming year.”
NHBC statistics for the rolling quarter October-December 2010 show that:
- Private sector registrations were up 1% (to 18,551) when compared with the same period last year (18,393)
- Public sector registrations were 8,711, which is 13% higher than the same period a year ago (7,685)
- Registrations in the combined private and public sectors were 5%.
Got a story? Email news@theconstructionindex.co.uk
