Private house building new starts in the doldrums
New home registrations showed a 44 per cent drop in 2023 compared with the previous year, according to figures released by the National House Building Council, NHBC. There were just 105,449 registers by developers of intent to build compared with 189,009 in 2022 with the biggest decrease in the Northwest of 61 per cent. The West Midlands was the next worst hit with a drop of 59 per cent followed by the Eastern region with a 51 per cent decrease. [...]