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Housing Today
Trusted media brand of the Chartered Institute of Housing
Residential land value grew in fourth quarter of 2020
Housebuilders seek to restock supply of sites after bumper sales, Savills report reveals
The market for residential land grew in the last quarter of 2020 as housebuilders looked to refresh their pipeline of sites following strong sales in the second half of the year.
Latest analysis of the residential land market, carried out by consultant Savills, said that average prices for urban land grew by 0.6% in the quarter, with greenfield sites growing in price by 0.3%.
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