By Anna Ellis • 23 February 2023 • 12:48
Image: Sorn340 Studio Images / Shutterstock.com.
The highest new-build demand is currently being seen in the South West where homebuyers have already snapped up 26.7 per cent of listed homes.
The region has also seen the third-highest number of new-build completions (4,950) in the last quarter, with work starting on a further 5,070 which ranks fifth in the nation.
At 25 per cent, the South East is home to the second-highest buyer demand while the region ranks first in England for new-builds completed (7,380).
The East of England is the only other region to enjoy above-average new-build demand at 23.3 per cent and ranks second for both new-build completions (5,839).
Demand is below average in the East Midlands (17.5 per cent), London (17.3 per cent), West Midlands (16.4 per cent), Yorkshire & Humber (16.2 per cent), and North West (10.2 per cent) while the number of new-build starts and completions are middling.
It’s the North East where demand is at its very lowest (8.6 per cent), which is reflected by its also being home to the lowest number of completions (2,020).
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories; remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Originally from the UK, Anna is based on the Costa Blanca and is a web reporter for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at [email protected]
Download our media pack in either English or Spanish.