Government needs to build 450,000 new homes a year by 2029 to meet target, says Housing Forum

Housebuilding

Membership group sets out roadmap for how the new government can achieve the highest rate of housebuilding in 50 years

The Housing Forum has projected that the new government will need to increase house building to 450,000 homes a year by 2029 to meet its target of delivering 1.5 million homes over this parliament.

A report from the cross-sector membership organisation said that this target represents the highest rate of housebuilding in 50 years.

However, recent government data shows that only around 160,000 homes are expected to be built this year, about half of the current target.

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