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LSL New Build Index - The market indicator for New Build Homes April 2017

Posted 20/04/2017 by Land and new homes
The market indicator for New Build Homes April 2017

In the year to end March 2017 new build house prices rose on average by 5.7% across the UK which is down on last year’s figure of 7.0%.


Looking at the big picture (and after a periodic recalibration of the index), Greater London has seen its third month of decline, during which time it has seen a fall of 2% in its year on year growth rate. 

In contrast the North is continuing to see a steady uplift in its year on year growth rate which now stands at 3.5%, up from 2.4% in the same month last year. Although price rises are not as dramatic as in previous cycles, it is a clear sign of a healthy market where demand is gently outstripping supply.

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