New-build asking prices fall in five UK regions and rise in five others, Propertymark April data shows

Propertymark's April data shows new-build asking prices fell year-on-year in five regions — Wales, the North West, South East, South West, and Yorkshire and Humber. Wales saw the largest drop, down £19,699 to £365,789, while London (£685,677) and the East of England (£515,041) gained over £50,000 each. For sellers in cooling regions, buyer expectations are anchoring downward; for buyers, the new-build premium in the South and East is widening, not easing. The figures reflect asking prices on new instructions, not completed sales.