Market in Minutes: Residential Development Land – Q4 2023
"Further falls in land values but more cautious optimism for 2024"
Tagged Articles
"Further falls in land values but more cautious optimism for 2024"
"A relatively weak land market with pockets of resilience"
"Over the last quarter, the development land market has remained price sensitive with fewer land sales. Although there is mounting downward pressure on land values, these pressures aren’t significantly being reflected in the prices being paid for land due to the ongoing lack of land supply maintaining competition in some markets"
"Redevelopment around the station will act as a catalyst for town centre regeneration"
"Reading has reached its housebuilding targets in three of the past five years, but a shortage of development land could provide challenges"
"The residential land market continues to be slow with limited activity and further softening of land values"
"The pick-up in sales rates suggests activity is likely to return to the land market by the second half of the year"
"The proposed changes to the NPPF don’t match the government’s ambitions"
"The land market has slowed significantly over the last quarter, reflective of wider market uncertainty"
"The strong housing market and a shortage of supply boosts land value"