Thursday, 24 November 2016

Healey Slams “Disappointing” 11% Rise In Net Housing Supply

Despite an 11% increase in net supply over the last year, England continues to fall short on the number of new homes needed to tackle the housing crisis, the latest official statistics have revealed. The Home Builders Federation (HBF) was generally upbeat in its response to the net housing supply figures, suggesting that it indicated the housebuilding industry was on track to meet the Government target of one million homes over the course of this Parliament. Annual housing supply in England in 2015-16 came to 189,650 net additional dwellings – up 11% on 2014-15 – according to today’s figures. Newbuilds accounted for 163,940 of these net additions. Read more on Housing Excellence.

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