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Evening Standard
Evening Standard
Business
Jonathan Prynn

Sales of new homes in London have collapsed to 'catastrophic' lows in 2025 says report

London Molior
Housebuilding in London is grinding to a halt when the need has never been greater (Yui Mok/PA) - (PA Archive)

Sales of new homes in London have collapsed to "catastrophic" levels in the worst crisis for the market since "perhaps the early 1990s," a new report warns today.

Preliminary data from respected analysts Molior show just 3,950 new homes were sold in the capital during the first half of 2025.

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