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The Savills Blog

Why new build family homes are in high demand

For young expanding families, making a move is often a necessity rather than a want and when stock was an issue in the second-hand market at the start of the year, families who had previously not considered new build began factoring it into their plans.

For families, the three main criteria for a home are flexibility, space and convenience. Those looking to make their next move will often be thinking about things like storage, parking, ability to divide space, easy access for buggies and outdoor amenities. Previously our researchers have talked of the missing new build market, those who would be more likely to buy new build in family-friendly locations (near schools and parks) if homes were available.

Our latest Residential Development Sales Market in Minutes highlights strong buyer demand in the new build market, partially driven by limited choice across the housing market, especially for larger second-hand properties. In Q1 of this year, regional new homes reservations were up 41 per cent on pre-pandemic reservations in Q1 2019.

Here’s a selection of new homes suitable for familiy living currently on the market.

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