London is at risk of missing its housing targets once again after the number of new developments plunged by as much as three-quarters.
According to figures from residential research firm Molior, only 8,600 homes were started in the nine months to the end of September.
That compares to 12,970 over the same period in 2022.
Starts in the most recent quarter – July to September – were down by 74% compared to the 10-year average.
