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Housing Today
Trusted media brand of the Chartered Institute of Housing
Investment in private rental sector boosts UK new homes registrations
Enthusiasm for PRS developments fuelling increase, says NHBC
Money flowing into the private rental market was behind a hefty rise in the number of new homes registered in the second quarter, according to the NHBC.
Reporting 43,438 new home registrations for the three months to the end of June – a 12-year high – the NHBC said a mix of continued investment in the UK market and growth in the private rented sector was helping to boost the market.
Nearly 30,000 – 29,993 – homes were registered in the private rented sector, up 13%.
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