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