Pendulum Swings To New-build

Date Published 15 November 2024

* With rising energy costs a concern, 53% of home movers would consider buying a brand new home, up from 47% last year.

* This is consistent across all age groups showing new-builds appeal to everyone, not just for first-time buyers or those who don't like maintenance.

*The top reasons people would consider a new build home were more energy efficient (70%), less maintenance (65%) and no need to refurbish (64%).

* On the other side of the fence, the main concerns were build quality (61%) followed by room size (47%).

Source: Dataloft by PriceHubble, Property Academy Home Movers Survey 2024.