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New build sales, starts and completions
June 2000 June 2001 % change
New-build average daily sales 604 600 -1
New-build registrations 15 521 12 748 -18
New-build completions 14 631 13 432 -8
New-build registrations (excl housing associations) 14 375 11 609 -19
Source: NHBC
Buyer profile June 2000
% of first-time buyers that bought new homes 7
% of former owner-occupiers that bought new homes 13
Standardised new-build price* (£) 97 682
Average new-build price (£) 142 538
Average new-build advance (£) 96 542
Average new-build advance as % of price 71.6
New-build advance to income ratio 3.17
New-build price to income ratio 4.88
* based on 1983 prices (when the average house cost £33 447)
Source: Halifax