Housebuilding volumes must double if Labour to meet 1.5m homes target, says NHBC

By Daniel Gayne2024-07-23T10:33:00

New homes figures show quarter-on-quarter rise in building rates

Current housebuilding volumes would need to double for the new Labour government to meet its pledge to build 1.5 million homes in the next five years, according to new figures.

The National House Building Council’s (NHBC) latest new homes statistics revealed that 29,281 new homes were registered and 33,847 completed in Q2 2024.

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