Addressing the Rapid Increase in New House Prices in a Stagnant Market

Monday, 25 March 2024, 18:23

New house prices are surging despite a sluggish market, with a significant rise of nearly a fifth in the past year. Amidst the cost of living crisis, there is a crucial need to explore diversification strategies for both construction and builders to navigate through this challenging landscape.
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Addressing the Rapid Increase in New House Prices in a Stagnant Market

Rising New House Prices Amidst Flat Market

In the face of a stagnant real estate market, new house prices have experienced a notable surge, marking an increase of almost 20% in the past year alone.

In the midst of a pressing cost of living crisis, it is imperative for the industry to consider diversified approaches towards both construction practices and builder portfolios.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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