Housebuilding numbers plummeted in London in the second half of last year as work began on fewer than 5,000 homes — less than half the number of starts in the prior six months, according to analysis carried out for Homes & Property.
Private developers began work on just 4,640 residential units in the capital in the six months to the end of 2022, down from 10,950 in the previous six months, and 7,030 in the second half of the prior year, according to a study by alternative-funding provider Wayhome.
