Business · 10 July 2026
New-build homes hit near decade low, hitting first-time buyers
Photo by Troy Mortier on Unsplash
New analysis indicates that the quantity of new housing developments being introduced to the market has reached its lowest point since January 2017. Rightmove, the property platform, found fewer developments were listed in May than at any time in almost a decade. The shortage means fewer opportunities for first-time buyers and could lead to price increases for these homes.
Reported by The Sun · How we write briefs