The number of new homes being registered jumped to a 14-year high (Gareth Fuller/PA)The number of new homes being registered jumped to a 14-year high between April and June, according to an industry body. Builders register homes with the NHBC before work starts, so the figures indicate the supply of homes in the pipeline. All UK nations or regions recorded increased registrations compared with a year earlier, with the highest uplifts in the North East of England (436% growth), Scotland (417%), Northern Ireland and the Isle of Man (230%) and the North West of England (212%). “A 14-year-high in new home registrations is quite something in the present environment. Registrations for homes in the rental sector increased by 17% compared with the second quarter of 2020.

Source: Irish Independent August 02, 2021 11:26 UTC