Talking with a relative who runs a fairly large new homes site for a developer.
FTB back into the market and on a neighbouring site open last weekend they booked 61 out of 65 available.
His own site sold out last Sept / Oct on the planned starts to January and now Phase 2 has sold 60% with little advertising and no launch event.
Few Investors seem to be in the market as almost all are being sold to owner occupiers.
They revising future plans and applying for planning amendments from apartments to houses as clearly apartments are struggling to sell and will remain so for a while.
Investors are gone which cools the house inflation and allows the FTBs back into the market which is good news.