Housebuilding makes ‘solid return’ to pre-pandemic levels – industry body

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the second quarter of 2020, when strict lockdown restrictions were in place, just 11,059 new home completions were recorded. Our latest figures demonstrate that output from the new homes market has made a solid return to pre-pandemic levels Steve Wood, NHBC Growth in new home completions in the second quarter was driven by the private sector, where completions were up by 23%, while completions in the affordable and build-to-rent sectors were level, the NHBC said. NHBC chief executive Steve Wood said: “Our latest figures demonstrate that output from the new homes market has made a solid return to pre-pandemic levels. Here are the numbers of new home completions in the second quarter of this year and the percentage increase or decrease compared with the second quarter of 2021, according to the NHBC: – North East, 1,781, 39%– North West, 3,506, 9%– Yorkshire and the Humber, 2,855, 25%– West Midlands, 3,414, 7%– East Midlands, 4,117, 34%– Eastern England, 5,077, 32%– South West, 3,844, 19%– London, 4,239, 11%– South East, 5,878, 3%– Scotland, 3,351, 14%– Wales, 1,183, minus 1%– Northern Ireland and Isle of Man, 1,044, 5%