Private rental stock specifically aimed at senior tenants is projected to increase by 150% over the next five years, according to new forecasts from Knight Frank.
Despite an initial boost to confidence within the construction sector following Labour's General Election win in July 2024, positivity has faded since October.
A rise in the number of buyers returning to the market and a predicted uptick in new homes being built could pave the way for UK house prices to reach the next major milestone.