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Economic Development

Housebuilding growing in the West Midlands

Almost 11,000 new homes registered as construction on tract to hit best levels since the recession kicked in

Housebuilding in the West Midlands is on track to reach new highs

Almost 11,000 new homes have been registered in the West Midlands this year, with housebuilding on track to grow to its best levels since the recession.

There has been a 14 per cent rise in properties being built in the area in the first nine months of this year, according to the National House Building Council (NHBC).

In the year to the end of September, a total of 117,525 new-build homes were registered across the º£½ÇÊÓÆµ, which was a nine per cent rise.

NHBC chief executive Mike Quinton told the Press Association that, if current trends continued, the º£½ÇÊÓÆµ "may well get to 160,000 registrations this year".

This would be the highest total since 2007, he said, when just under 200,000 new homes were registered.

The annual total nearly halved a year later as the financial downturn took hold.

In recent years, the figure has been increasing and the NHBC registered around 146,000 new homes in 2014.

The NHBC said the recovery was widespread, with ten out of 12 regions across the º£½ÇÊÓÆµ seeing year-on-year growth in the number of new homes being registered.