Figures Show Continued UK House-Building Growth

New figures from the National House Building Council today show continued growth in and strengthening of the UK housing industry for the start of 2014.

New figures from the National House Building Council today show continued growth in and strengthening of the UK housing industry for the start of 2014.

33,816 new homes were registered in the UK during Q1 2014, as opposed to 31,739 for the same period a year ago, showing an increase of 7%.

2013 proved to be a record breaking year, with the highest new house building volumes in London for a generation. London registrations have grown by 6% in Q1 2014 compared to last year.

NHBC has also identified how other major UK cities are performing compared to the capital. Birmingham, Manchester and Bristol are the top three cities with the highest number of new home registrations.

As the leading warranty and insurance provider for new homes in the UK, registration statistics collated by the NHBC are a leading indicator of how the country's new homes market is performing.

Top ten cities outside of London - NHBC registrations in 2013

Birmingham - 3,406 Manchester - 2,625 Bristol - 1,570 Newcastle - 1,496 Liverpool - 1,494 Sheffield - 1,169 Leeds - 990 Nottingham - 700 Glasgow - 618 Bradford - 560

NHBC Chief Executive Mike Quinton, commenting on the latest statistics, said:

"Our new figures show further sustained growth and consolidation in the UK house building industry following a strong year last year. Over the past 15 months we have seen a genuine return of confidence to the industry as builders strive to meet the growing demand for new homes that the country clearly needs.

"London continues to be the major driver for growth in house building. But our figures also show that other UK cities outside the capital are also showing some encouraging signs of growth.

"However, we have been clear that this growth is from a historically low base. The UK still has a chronic shortage of new homes so we must not get complacent in our continued attempts to meet the growing housing needs of the population."