Figures from the National House Building Council (NHBC) show 29,162 new homes were registered to be built in Q2 2026, down 4% on Q2 2025 (30,259).
Amid mounting cost pressures and geopolitical uncertainty, private sector registrations fell 5% to 19,045, compared to 20,097 in Q2 2025. Registrations in the rental and affordable sector were unchanged from the second quarter of 2025, with 10,117 new homes registered compared with 10,162 in 2025.
Daniel Pearce, Chief Strategy Officer at NHBC, said: “Elevated interest rates, geopolitical volatility and rising costs, combined with affordability pressures impacting consumer demand, meant that many housebuilders slowed their build programmes in the second quarter.
“While the decline in new home registrations will come as little surprise, we welcome the commitment from new Prime Minister Andy Burnham to roll out the most ambitious council housebuilding programme since the post-war era; this will be an important lever in boosting overall supply. Greater clarity on the mechanisms and funding to deliver this will be welcomed and house builders stand ready to play their part.
“Accelerating planning reform and easing regulatory burdens would also help boost housing supply, while measures to improve affordability for prospective buyers are essential to unlocking demand.”
Across the UK, the biggest decreases were in the South West (-42%), East Midlands (-36%) and Wales (-34%). London saw the greatest rise (+170%), with the North West (+37%), East of England (+15%), South East (+12%), West Midlands (+7%) and Scotland (+6%) also experiencing an uplift.
Pearce added: “Registration volumes in London are often more volatile than elsewhere in the country. The next two quarters of NHBC data should provide a clearer indication of whether this upward trend for London is sustained.”