Government to Miss Housing Target by 25%
The government is likely to fall short of its 1.5 million homes target by around 25%, according to research by the Chartered Institute of Housing (CIH).
The CIH's UK Housing Review warns that the government's housing targets may not be met, with council housing finances at breaking point.
Government's Goal
The government aims to build 1.5 million homes by 2029, but
immediate prospects are "mixed", according to John Perry, CIH's senior policy adviser.
- Net additions fell from 221,070 in 2023-24 to 196,500 in 2024-25.
- New build starts, Energy Performance Certificates for new dwellings, and residential approvals dropped in the first quarter of 2025.
Author's summary: Government likely to miss housing target.