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New home sales to decline in 2025

Fewer than 65,000 new homes were sold to private individuals.
The Ministry of Urban Affairs and Housing has released data on the subject (Adobe Stock)
The Ministry of Urban Affairs and Housing has released data on the subject (Adobe Stock)
By AFP
February 20, 2026 | 11:12 AM

The number of new homes reserved by individuals in 2025 fell by 6% year-on-year, reaching a new low of 64,867, according to provisional data published on Friday by the Ministry of Urban Affairs and Housing.

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News | New home sales to decline in 2025