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, and council housing finances are at a critical point.
Immediate prospects are "mixed",
said John Perry, senior policy adviser at the CIH, citing a decline in net additions and new build starts.
- Net additions fell from 221,070 in 2023-24 to 196,500 in 2024-25.
- New build starts, Energy Performance Certificates, and residential approvals decreased in the first quarter of 2025.
Author's summary: Government faces 25% shortfall in housing target.