London’s unsold high-end flats triple since 2016
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Completed but unsold homes in central London have tripled since 2016, reaching 1,400 by the end of September. Meanwhile, construction starts in Zone 1 have dropped 75% over the past decade as developers contend with higher costs and weaker demand.
The number of completed but unsold homes in central London has tripled since 2016, reaching 1,400 units by the end of September. New construction starts in zone 1 have fallen 75% over the past decade as developers face rising costs and weakened demand. The post London’s unsold high-end flats triple since 2016 appeared first on PropertyWire.
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