Rightmove: UK new-build listings hit lowest level since January 2017

• Rightmove analysis shows new build developments listed for sale fell to the lowest level since January 2017, excluding retirement schemes.
• Supply trend flags a widening gap versus the government’s 1.5 million-home target for the current parliament.
• Higher borrowing costs remain a key constraint; average two-year fixed mortgage rate is 4.92% versus 3.53% four years ago.
• Available homes for sale are up 85% over four years, but affordability remains misaligned with demand across locations.
• Rightmove urged Autumn Budget action, including stamp duty removal for first-time buyers, more affordable housing investment, targeted demand support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rightmove plc published the original content used to generate this news brief on July 10, 2026, and is solely responsible for the information contained therein.