Home Construction Struggling With Birmingham Housing Demand Increase

Written on .

    Home construction in Birmingham is struggling to keep up with a huge housing demand increase as Birmingham is experiencing a population explosion with numbers growing five times faster than homes can be built. The lack of new residential properties combined with a fast-growing population means the construction sector will likely struggle to keep up for a while. This could lead to an even greater housing crisis in Birmingham over the coming years.


    Rising Property Prices Due to Housing Demand Increase

    Due to the lack of housing in Birmingham house prices are rising faster than any other city in England. 2016/2017 witnessed growth of 7.5% – much higher than London and all other UK cities apart from Edinburgh. This growth is set to continue with a very healthy outlook for Birmingham’s property market.


    An Investor’s Market

    The Birmingham housing demand increase has created a good market for property investors. The MSCI / IPD UK property index results from 2016/2017 reported that residential was outperforming all other sectors in the city. Including office, industrial, retail and leisure.

    Call Us:
    Leeds: +44 (0) 113 4264 444
    Manchester: +44 (0) 161 2449 060

    Or Request A Call Back

    North Property Group is a member of the Property Ombudsman.

    CMP Logo

    Copyright © North Property Invest
    Powered By Spotlight Studios

    Registered in England and Wales, Registered Office: One Brewery Wharf, Waterloo Street, Leeds LS10 1GX, Company Number: 10761978

    Contact Us

    Integrated Form

    Join The Investors Club

    Integrated Form

    Calculate my Stamp Duty

    Register your Interest

    Integrated Form