Agents report ‘noticeably less competition’ for development land
Major housebuilders have cut back on land buying in an effort to ride out the weaker sales market, says Savills, with some pausing activity altogether.
Savills points to ‘a new dynamic in the residential land market’ as alternative uses drive competition
“Although the current land market remains buoyant, capacity for further growth is limited," warns Patrick Eve, Savills head of regional development.
Estate agents report highest ever number of December house-hunters
"Although December shows the usual festive lull compared with previous months, demand has still been incredibly high when compared against pre-pandemic data with more house hunters registered than in any…
Savvy buyers snap up ‘Christmas bargains’ as competition drops by a third
'The sales market is firmly back in the hands of buyers,' says Propertymark.
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