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

20/04/2017
By: LSL Land & New Homes

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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