Almost 125,000 Fewer Homes Built In 2014 than Needed

According to the latest housebuilding statistics released by the ONS, we built 118,760 new homes in England in 2014 – almost 125,000 short of the 243,300 new homes experts have projected we need each year to keep pace with demand. But the story doesn’t finish there. Projections have also indicated that of this 243,300, 78,500 need to be social homes. In 2014, we built just 25,100 (less than a third of what we need). The gap between the number of homes we need and the number of new homes we build is stark even when we only look at annual figures, but the problem is not new and is compounded each and every year. Read more on the NHF website.