The latest statistics from NHBC have revealed signs of promise for the rolling quarter, September to November 2012, with a 7 per cent increase compared to the same three month period in 2011.
In total there were 26,420 new home registrations for this period compared to 24,731 in the same three months last year.
However, for the first 11 months of 2012 NHBC registered 99,160 new homes compared to 109,850 in the same period last year; a decrease of 10 per cent.
Commenting on the latest figures as the year begins to draw to a close, Richard Tamayo, NHBC Commercial Director said: “2012 has generally not lived up to the hopes we held for it, however as we approach its end there are signs that activity is picking up. Government backed schemes such as NewBuy and Funding for Lending will hopefully provide further support in the New Year to those who have desired to own a home but in the past experienced difficulties obtaining mortgages. Hopefully 2013 can consolidate and then build on this momentum.”
NHBC publishes a monthly booklet ‘The Housing Market Review’ of its new house-building statistics.