London New-Build Home Sales Plunge to Lowest Since Financial Crisis
First half of 2025 sees nearly 30% drop in new private and build-to-rent property sales
Sales of new-build homes in London have fallen to their lowest level since the global financial crisis, with just 3,946 new private and build-to-rent properties sold between January and June—a nearly 30% decrease compared to the same period last year.
The decline is attributed to factors including stricter building regulations and reduced buyer demand.
The decline is attributed to factors including stricter building regulations and reduced buyer demand.
