Resi development land values hit by housing market slowdown & rising costs
Buyers are 'cautious, selective and risk-averse', reports Savills.
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London’s resi development market ‘less bad’ but no recovery in sight
Without a meaningful return of demand the industry risks winding down surprisingly quickly, warns Molior boss.
Ranked: How have prime resi values fared globally in 2026 – and what happens next?
Latest performance & forecasts: Tokyo tops Savills' H1 index as London and Dubai lose ground, while Cape Town is tipped to lead global prime resi growth over the rest of the year.
Land values slide as developers get pickier
Savills reports annual falls of 3.3% for greenfield sites and 6.6% for urban land as viability concerns and weaker sales rates continue to stifle appetite.
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