Accelerating new homes sector tripped up by lack of suitable development sites

A survey of the country’s top residential developers has found that the lack of suitable sites is currently the biggest obstacle to new home development, that Brexit is expected to boost construction and that higher prices for new homes have made the sector more viable.

All of this has served to improve developer sentiment in the past 12 months, according to Knight Frank’s 2018 New Homes Construction Survey.

The agent’s research team in ...