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26/10/2017

Over 3,000 New Homes Registered During Q3 In Scotland

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New figures have revealed more than 3,000 new homes were registered between July and September in Scotland.

A total of 3,056 homes were registered by builders during Q3 this year, a 50% increase compared with the same period last year (2,033).

On a UK-wide scale, a total of 37,936 houses were registered during the period, up 6% compared to last year and the highest third quarter total since the recession.

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The private sector saw a 9% increase for the quarter to 29,083 (2016: 26,611) while 8,853 new homes were registered in the affordable sector, a 5% decrease compared with the same period last year (9,335).

Seven out of 12 UK regions experienced growth in registrations. In addition to Scotland, the East Midlands (3,575 +42%) and the North East (2,078 +34%) were among the regions with most notable growth.

NHBC Chief Executive Steve Wood said: "We have seen encouraging growth in terms of the number of new homes being registered over the last three months, across many parts of the country.

"With demand for high quality new homes as strong as ever, this is positive news for the industry and prospective homebuyers, particularly in light of the current political and economic uncertainties."

(LM/MH)

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