Housing is ‘levelling out’

Housing levels in Scotland levelling out, according to NHBC’s latest statistics

Latest housing registration figures for Scotland from NHBC have revealed a levelling out in contrast to earlier this year, with overall levels falling by 8% in Q3 2012 compared to the same period last year.

In total 1985 new homes were registered during Q3 2012 across the country, according to NHBC’s latest New Homes Statistics Review.

Malcolm MacLeod, NHBC regional director for Scotland, said: “Although we are seeing increased activity in around 30% of Scotland’s local authority areas, overall we have experienced a slight decline of new housing registrations for Q3 2012, compared to the same period last year.

“This is indicative of a ‘levelling out’ in contrast to the previous quarter where figures were down 35% year on year. We are hopeful that once the year is out we will be able to report positively on the housing market across the country as more people realise the benefits of buying new homes.”