23% drop in UK new home registrations in Q2 2024, with 29,281 homes registered (NHBC).

23% drop in UK's new home registrations in Q2 2024, with 29,281 homes registered, down from 37,861 in Q2 2023, according to the National House Building Council (NHBC). Despite a 6% decrease in completions, quarter-on-quarter registrations and completions showed a 34% and 29% increase respectively. NHBC estimates that current house building volumes must double to meet Labour's pledge of 1.5 million new homes over the next five years.

July 23, 2024
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