Luxury new-build oversupply fears are ‘overblown’ – Savills
Falling starts, phased completions and stable sales volumes should mitigate the build-up of new homes under construction in London's prime market, predicts agency
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The Missing Market: Why London property developers are missing out on over 23,000 new-build buyers
Savills has identified a significant "missing market" for new-build homes in the capital that property developers "cannot afford to miss out on."
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade…
35% fewer new homes are likely to be delivered this year than in 2019
Current new home activity "paints a fairly positive picture for development," says Knight Frank, "despite current challenges."
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