New housing statistics back up Government bid for more homes

The latest statistics follow the announcement at NHBC’s Annual Lunch last week by the Deputy Prime Minister Nick Clegg, where he vowed to provide increased support to the sector with a £225m funding boost, with an emphasis on establishing a new generation of locally-driven "garden cities".

Richard Tamayo, NHBC Commercial Director said: "Our figures show there remains a clear deficit in the number of new homes being built in the UK compared to last year. However, we are greatly encouraged by the Government’s recent commitment to back the industry and provide new funding, particularly to unlock almost 50,000 homes on stalled sites. It is an ambitious, but very necessary proposal and we look forward to seeing how it develops in the New Year."

NHBC UK statistics for August- October 2012 show that:

For the rolling quarter August- October 2012 the total number of registrations was 26,440, resulting in a marginal decrease when compared to the same period last year (26,509). Of these:

* Private sector registrations in August- October 2012 were marginally down (19,670), compared with the same period in 2011 (19,692);
* Public sector registrations in August- October 2012 were marginally down (6,770) when compared with the same period a year ago (6817)

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