The housing market received two pieces of good news today after figures published by both the government and NHBC have revealed increased activity in the market.
This includes strongly-rising house prices outside London and the SE and an increase in the number of new homes built over the past three months.
The government’s Land Registry/ONS monthly report reveals house prices rising by 2.4% year-on-year on average, but by over 4% in many regions including Northern Ireland (4.8%), Scotland (4%), the
East Midlands (4.3%) the North West (4.9%) and Yorkshire/The Humber (4.4%).
The number of new homes registered over the past three months has increased, warranty and insurance provider NHBC says.
Some 33,104 new homes were registered between September and November this year, up from 31,146 during the same period last year. The biggest increases in house building were seen in Yorkshire/The Humber, Wales and the South West, which all experienced double-digit growth.
