The NHBC reports that developers registered 159,617 new homes in 2018. That is a 0.5% increase over 2017. Private sector registration reduced by 1% and the “affordable sector” remained largely flat. New home completions also remained stable – noting a 1% increase over 2017’s figures. Housebuilder

Barratt reports trading this year which is in line with expectations. The company has confirmed that it anticipates a good financial and operational 2019. The half-year to December 2018 showed revenue up 7.2%. Housebuilder

39% of EU nationals working in UK construction have considered leaving the UK due to Brexit, a survey of 10,500 construction workers has found. A potential drop in construction projects is the biggest worry for over a third of concerned workers followed by uncertainty over EU trade deals (19%). GlobalConstructionReview

Redrow reported that the early part of this year has indicated a “bounce back” in the new homes market following a slow end to 2018. They have also stated that they are confident that Brexit uncertainty in 2019 will not have “a huge impact”. The company’s revenue in the six months to the end of 2019 was up 9%. Housebuilder

The National Audit Office (NAO) has criticised the Ministry of Housing’s limited understanding of how England’s planning system would need to be revamped if the government’s target of 300,000 new homes each year is to be achieved. The NAO is quoted as saying the target represents a 69% increase based on housing delivery rate averages over the last 13 years. Building

James Brokenshire MP, Housing Secretary, will address the industry at the HBF Policy Conference being held in London on 26th March. He is expected to reiterate the government’s determination to achieve 300,000 new homes per annum. Housebuilder

Outgoing Redrow boss, Steve Morgan, while announcing the latest results, was quoted as saying that the new stamp duty bands introduced in late 2014 plus the later surcharge were causing housebuilders more headaches and challenges than Brexit. Building

The Halifax reported that January showed a 2.9% fall in house prices, which they attribute to buyers being affected by Brexit uncertainty. The figure represents the biggest monthly drop since April 2018. However, other analysts noted that individual monthly variations in house prices could be volatile. The Guardian

Bellway has reported a strong end to 2018 (period to the end of January 2019), with completed homes being 5.6% ahead of the same period in 2017/18. The total revenue forecast is an increase of nearly 12% to a figure of approximately £1.5 billion. Housebuilder

Almost a million more younger adults (a total of approximately 3.4 million) now live with their parents than was the case a decade ago. The think-tank “Civitas” produced the report’s figures, which have been used to suggest that younger people are adversely affected by property prices and limited availability. The Guardian

Galliard Homes has advanced its plans for a residential-led and mixed-use proposal covering 756 new homes with over 10,000 sq ft of commercial space to be located on a site opposite the Birmingham City Hospital. The site is largely derelict. Construction Enquirer

A bidders’ day is planned for the £6.8bn Lower Thames Crossing in Gravesend, Kent. The scheme from Highways England will link the M25 with the A2 and is the largest in their road investment programme to date. Building

A Chinese construction company, the Beijing Construction Engineering Group International (BCEGI) has secured the contract for Phase-II of the construction of the £700m Middlewood Locks development in Manchester. Phase-II follows the firm’s successful completion of Phase-I, and it delivers 546 apartments. Construction Index

Cameron Butcher has announced that they will undertake a £5million development to create 33 luxury homes in the centre of the West Midlands (Birmingham). Construction UK