Latest statistics from the National House-Building Council (NHBC) show the number of new home registrations in 2016 remained resilient, despite the uncertainty surrounding Brexit.
151,687 new homes were registered by the NHBC in 2016, down 2 per cent on 2015, but representing a 70 per cent increase in registrations since the 2008/09 housing crash – the second highest figures recorded in almost a decade.
Regionally, Yorkshire & Humberside (+27 per cent), South East (+14 per cent) and North West (+12 per cent) saw the strongest growth in number of new registrations in 2016, compared with 2015.
Commenting on the annual statistics, NHBC Business Development Director Mark Jones says: "Taking into account the extraordinary events of 2016, the UK house-building sector has remained resilient, despite initial caution around Brexit. We have also seen some strong regional growth outside of London.
"Both industry and consumer confidence remains high and early signs indicate that the new year has begun positively."
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