Just 10% of new build homes reached open market in 2024/25
Original Article Summary
Only one in ten new build homes completed in England during 2024/25 reached the open market, according to data published by Alto this week. Of an estimated 200,000 new properties built during the period, just 21,261 entered the sales channel where buyers search and agents transact. The post Just 10% of new build homes reached open market in 2024/25 appeared first on PropertyWire.
PropMatch Curated Analysis
Only 10% of England's 200,000 new build homes in 2024/25 reached the open market, with 90% allocated to institutional BTR portfolios, direct sales, or affordable housing. This structural shift represents a permanent reduction in stock available to individual investors, with significant regional variations from London's 2.12% to South West's 17%.
Investor Relevance
This data confirms the institutionalization of new build supply, meaning individual investors face permanently reduced acquisition opportunities from new developments. Investors must adapt strategies to compete for scarce open market stock or consider partnerships with developers for off-market deals.
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