Number of new homes completed across London plummets by almost 50 per cent

There were just 13,501 new homes with construction completed in London in 2023, down 48 per cent from the number of completions for the same period in 2024.

A new report from property company CBRE warns while there are not enough new homes being built, while the capital’s population was predicted to grow by 148,000 people in the next five years.