Keywords
Citation
(2007), "New homes boom", Structural Survey, Vol. 25 No. 5. https://doi.org/10.1108/ss.2007.11025eab.003
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited
New homes boom
According to NHBC, whose warranty covers more than 80 percent of new homes in the UK, 185,000 new homes were built during 2006, a figure reminiscent of the housing boom of the late 1980s. The last time house building reached such high levels was in 1989 when over 191,800 new homes were built. During the 1990s house building declined, with builders and developers producing on average 158,900 new homes per year. In 1992 the output of new homes fell to a low of 146,200.