New Built Homes Continue to 'Buck the Trend'

publication date: Nov 18, 2010
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

New Built Homes Continue to 'Buck the Trend'

New build properties do seem to continue to 'buck the trend' when it comes to the general sales market. This is likely however to be due to the tiny volume available for buyers to purchase versus normal years.

September did supply a decent amount of stock, but it's likely that because of spending cuts, continued economic gloom and doom, coupled with lenders' reluctance to give decent loan to values on new builds, that developers won't be keen to increase the housing supply anytime soon.

Not all properties are doing OK though, town house prices are down year on year. Any price growth appears to be down to semi detached, apartments and detached versus last year. 

READ MORE for a detailed analysis of the New Homes Market.

READ MORE for October's Regional Performances


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