Pendulum swings to new-build

• 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.