Jamaica Homes News

Independent Jamaican journalism worth supporting.

No algorithms. No noise. Just the stories that matter.

Monday, September 28

Mortgages

Sales of new build homes in London fell 37 percent in the first half of 2026 compared with the same period a year earlier, according to property consultancy Molior. A record 4,629 new builds worth an estimated £3.5 billion remain unsold, the highest level ever recorded. British owner-occupiers have almost entirely withdrawn, leasehold concerns are deterring buyers, and international investor demand that once sustained the market has faded. For Jamaican developers and investors watching the premium property sector, the London data is both a warning and an illustration of what happens when new build supply outpaces real buyer demand.

Jamaica Homes News

Independent Jamaican journalism worth supporting.

No algorithms. No noise. Just the stories that matter.

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Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
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