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New-build sales, starts and completions
February 1998 February 1999 % change
New-build average daily sales 496 472 -5
New-build registrations 14 061 13 857 -1
New-build completions 9 865 10 068 +2
New-build registrations
(excl housing associations)
12 432 12 392 0
Source: NHBC
New-home buyer profile – February 1999
% of first-time buyers that bought new homes 11
% of former owner-occupiers that bought new homes 17
Average new-build price* (£) 75 455
Average new-build advance (£) 72 028
Average new-build advance as % of price** 76.8
New-build advance to income ratio 3.08
New-build price to income ratio 4.32
* Standardised price calculated from index (1983 = 100)  
** Non-standardised  
Source: Halifax