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Sharp rise in number of homes registered in Northern Ireland

By John Mulgrew

Published 31/07/2015

In Northern Ireland the registration of new homes was up by 53% in the first half of 2015 compared with the first six months of 2014
In Northern Ireland the registration of new homes was up by 53% in the first half of 2015 compared with the first six months of 2014

The number of new homes being registered in Northern Ireland is up by more than 50%, an industry body has revealed.

And levels in the UK are at their strongest level since 2007.

Some 41,268 new homes were registered across the UK over the last three months, marking the highest quarterly figure seen since winter 2007, the National House Building Council (NHBC) said.

The latest quarterly figure also marks a 12% uplift compared with the same period in 2014, according to the NHBC, a warranty and insurance provider.

The NHBC's registration figures are taken from builders who are responsible for around 80% of homes constructed in the UK.

In Northern Ireland, registrations were up by 53% in the first half of 2015 compared with the first six months of 2014, while Wales saw a 37% increase and Scotland saw a 26% uplift.

Meanwhile, the number of new homes being registered in London has fallen back, with 16% fewer homes registered in the first six months of 2015.

It comes after research from the Royal Institution of Chartered Surveyors showed housebuilding is fuelling an increase in construction in Northern Ireland - though overall the sector still lags behind the UK as a whole.

Looking for a stunning new build? Find it at propertynews.com

Belfast Telegraph

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