New build homebuyer activity set to spike as busiest time of the year approaches

December 5, 2019
new build homes essex uk

The latest research by new homes specialist, Stone Real Estate, has revealed that the level of new build properties being sold accelerates as we head into December, while sales across the regular market drop a gear in the run-up to Christmas.

Stone Real Estate looked at the number of transactions across each area of the market over the last five years, what percentage of total transactions they accounted for in each year, and how this compared to the previous months.

The research shows that on average over the last five years, the number of new build transactions in December accounts for 11.9% of total new build transactions for the year. In contrast, the number of existing homes sold during the last month of the year accounted for just 8.2% of all sales on average.

What’s more, December is the only other month of the year where new build sales hit double-digits as a percentage of total yearly sales along with June, with both months consistently ranking as the busiest in the new build calendar over the last five years.

There is also a clear trend whereby the number of new-build sales falls considerably following the June peak and then slowly gains momentum heading towards Christmas. On the other hand, existing property sales tend to see a gradual decline from August and September heading into the festive season.

Founder and CEO of Stone Real Estate, Michael Stone, commented:

“The new build sector doesn’t come under the same seasonal strain when it comes to sales transactions when compared to the existing sector. This is largely because new build sales involve one buyer and on the other side of the coin you have a professional entity that continues to work right up until the Christmas break to get a sale over the line.

This should be the case with any good estate agent, however, as there is no lengthy chain to deal with or any of the other complications that can come with an existing property sale, the process is all the quicker. As a result, when the December rush to complete before or just after Christmas hits, the new build sector is much better placed to facilitate a greater number of sales despite the shorter time frame.

One common misconception is that Christmas is a great time to find a homebuyer bargain and while true to an extent, historically new build house prices tend to stand firm, and in many cases sit higher than many previous months in the year. That said, developers will often include some festive incentives to persuade homebuyers to take the plunge and this, of course, all helps favourably towards their end of year figures.”

Five Year Look
Sector
December Sales as a Percentage of Annual Sales
New Build Average
11.90%
Existing Average
8.20%
Date/Month
New Build Sales as % of All Yearly Sales
Existing Sales as % of All Yearly Sales
2014
2014-01-01
5.1%
7.4%
2014-02-01
6.1%
7.2%
2014-03-01
8.3%
7.3%
2014-04-01
7.3%
7.8%
2014-05-01
8.3%
8.5%
2014-06-01
13.4%
8.4%
2014-07-01
7.2%
9.4%
2014-08-01
7.6%
9.8%
2014-09-01
8.3%
8.6%
2014-10-01
8.5%
9.5%
2014-11-01
7.9%
8.1%
2014-12-01
12.0%
8.1%
2015
2015-01-01
4.6%
6.5%
2015-02-01
5.3%
6.5%
2015-03-01
8.4%
7.2%
2015-04-01
7.6%
7.0%
2015-05-01
8.9%
8.0%
2015-06-01
14.1%
8.6%
2015-07-01
8.0%
10.3%
2015-08-01
7.8%
9.3%
2015-09-01
8.9%
8.9%
2015-10-01
8.4%
10.0%
2015-11-01
7.5%
9.0%
2015-12-01
10.5%
8.8%
2016
2016-01-01
4.5%
7.0%
2016-02-01
5.1%
7.5%
2016-03-01
9.2%
13.6%
2016-04-01
7.4%
5.8%
2016-05-01
7.5%
6.7%
2016-06-01
12.5%
7.8%
2016-07-01
7.3%
9.0%
2016-08-01
7.5%
9.1%
2016-09-01
8.8%
8.6%
2016-10-01
8.4%
8.0%
2016-11-01
8.7%
8.3%
2016-12-01
13.2%
8.4%
2017
2017-01-01
5.0%
6.7%
2017-02-01
5.7%
7.0%
2017-03-01
9.3%
8.4%
2017-04-01
7.1%
7.2%
2017-05-01
8.2%
7.9%
2017-06-01
13.2%
9.2%
2017-07-01
6.9%
9.0%
2017-08-01
6.9%
9.7%
2017-09-01
8.6%
9.0%
2017-10-01
8.1%
8.9%
2017-11-01
8.6%
8.8%
2017-12-01
12.3%
8.2%
2018
2018-01-01
5.2%
7.0%
2018-02-01
6.2%
6.9%
2018-03-01
9.0%
7.9%
2018-04-01
6.9%
7.0%
2018-05-01
7.7%
8.1%
2018-06-01
13.9%
8.7%
2018-07-01
6.9%
9.0%
2018-08-01
7.4%
10.4%
2018-09-01
8.1%
8.2%
2018-10-01
8.2%
9.2%
2018-11-01
8.8%
9.8%
2018-12-01
11.7%
7.7%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Letting Agent Talk

Will RRA mean almost 50% of renters need a guarantor?

A surge in tenants who require a rent guarantor is coming to the post-RRA rental market   New analysis by Zero Deposit reveals that the proportion of local authority districts in which the average tenant is likely to need a rent guarantor to secure pass tenancy affordability checks could increase from one-in-five to almost one-in-two…
Read More →
Breaking News

Nationwide House Price Index for May 2026 – Thoughts from the Industry

The latest Nationwide House Price Index for May 2026 shows that: House prices fell by -0.6% between April 2026 and May 2026. This marks the first monthly decline recorded so far this year. Annual house price growth slowed to 1.7% in May 2026, down from 3.0% in April 2026. The average UK house price now…
Read More →
Breaking News

Annual house price growth slows in May

UK annual house price growth slowed to 1.7% in May, from 3.0% in April House prices were down 0.6% month on month   Headlines May-26 Apr-26 Monthly Index* 551.0 554.3 Monthly Change* -0.6% 0.4% Annual Change 1.7% 3.0% Average Price (not seasonally adjusted) £278,024 £278,880 * Seasonally adjusted figure (note that monthly % changes are…
Read More →
Home and Living

Signs of Outdated Wiring in Older Tulsa-Area Homes

Tulsa has a lot of beautiful older homes. Brookside bungalows, Maple Ridge tudors, the postwar neighborhoods that fill out Midtown and East Tulsa. They were built well, but most were built before central air, before microwaves, before two-car households with two laptops and a dozen phone chargers. The electrical systems inside them were designed for…
Read More →
LIVING BY THE SEASIDE 2022
Breaking News

Britain’s seaside price hotspots revealed

New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read More →
Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →