Highest number of new home registrations in 15 years recorded in 2022

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. Whilst the final quarter of 2022 was undoubtedly a challenging one, it was off the back of strong market performance in the first half of the year Steve Wood, NHBC chief executive It said London was particularly affected by the fall in registrations towards the end of the year, with northern England and Wales also being impacted. Housebuilding in the rental sector has remained steady in the last two quarters, with investors and developers pivoting towards the increasing demand for high-quality rental homes David Campbell, NHBC commercial director In 2022 there were 141,757 new registrations recorded in the private sector – a 25% increase compared with 2021 – and 50,044 were in the affordable and “build to rent” sector – a 29% year-on-year increase. David Campbell, commercial director at NHBC, said: “Housebuilding in the rental sector has remained steady in the last two quarters, with investors and developers pivoting towards the increasing demand for high-quality rental homes. Here are the numbers of new home registrations in 2022 by region and the increase or decrease compared with 2021, according to the NHBC: – North East, 10,336, 38%– Yorkshire and the Humber, 13,665, 30%– East Midlands, 23,574, 36%– Eastern England, 23,715, 14%– London, 14,679, 20%– South East, 25,959, 22%– South West, 17,581, 21%– West Midlands, 18,517, 34%– Wales, 5,065, 22%– Northern Ireland and Isle of Man, 3,172, minus 13%– North West England, 20,200, 42%– Scotland, 15,338, 22%