London New-Build Home Sales Plunge to Lowest Since Financial Crisis

First half of 2025 sees nearly 30% drop in new private and build-to-rent property sales

Sales of new-build homes in London have fallen to their lowest level since the global financial crisis, with just 3,946 new private and build-to-rent properties sold between January and June—a nearly 30% decrease compared to the same period last year.

The decline is attributed to factors including stricter building regulations and reduced buyer demand.