New homes surge by 36%

New home registrations in the UK experienced a significant increase of 36% in the first quarter of 2025, with 29,356 new homes registered, according to the National House Building Council (NHBC). This surge indicates a promising rise in new home availability, particularly in the private sector, which saw a 62% increase. Steve Wood, CEO of NHBC, said: "Our figures for the first quarter of this year indicate growing confidence in the market." However, the rental and affordable sector faced a slight decline, with registrations down by 2%. The data also revealed that while detached homes saw a 63% increase, London was the only region to report a decrease in new build registrations, attributed to new safety regulations and reduced demand from housing associations. 

The Independent (13/05/2025)   The Times (14/05/2025)