New build housing listings fall to lowest level since 2017
Original Article Summary
The number of new build housing developments listed for sale has fallen to its lowest level since 2017, according to property portal Rightmove. The decline raises questions about the Government's target to deliver 1.5 million homes during the current Parliament. The post New build housing listings fall to lowest level since 2017 appeared first on PropertyWire.
Investor Analysis
New build housing listings have fallen to their lowest level since 2017, driven by regulatory cost pressures, weak buyer confidence, and the absence of any government first-time buyer support scheme. This signals material supply-side contraction with implications for developers' pipeline viability and the government's 1.5 million homes target.
Investor Relevance
For SME developers and BTR investors, this is a meaningful signal that new build supply is contracting structurally — affecting land competition, exit pricing, and absorption rates. For landlords, reduced new build stock sustains rental demand. The absence of a government FTB scheme removes a key demand catalyst that historically supported off-plan sales velocity.
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