Prime new-build construction collapses in London, but sales pick up

39,364 new homes were registered with the NHBC over the last three months, compared to 43,403 a year ago

Rising tenant demand is helping to reverse pandemic-induced rental value declines in Prime London, reports Knight Frank.

“The outlook for the super-prime London market remains fairly positive at present," says Benham and Reeves boss Marc von Grundherr.