Latest figures by the Department for Communities and Local Government show that 34,940 homes were completed in England during July to September, down two per cent compared to the previous three months but up 15 per cent on the same quarter last year.
A total of 135,050 homes were completed in the 12 months to September 2015, an increase of 17 per cent compared with the previous 12 months.
Chartered Institute of Housing (CIH) chief executive Terrie Alafat said “It’s encouraging to see an increase in the number of homes being built, but today’s figures show that we have a long way to go. We have failed to build the number of homes we need for decades – the result is a housing crisis in which millions of people are struggling to access a decent home at a price they can afford. And the fact remains that during the year to September we only managed to build 135,050 houses – that’s just over half the number we need every year to keep up with our growing population and start tackling the shortfall that has built up over the years.”
She added “The government has taken steps to increase house building but today’s figures show we are still a long way short of where we need to be. Next week’s spending review is a chance to accelerate the supply of affordable homes, for example by helping councils and housing associations build affordable homes for rent for people who can’t afford to buy and boosting shared ownership to help people on lower incomes get a foot on the property ladder. Of course, it is not all down to state intervention. If we are going to solve our housing crisis we need to see the government working together with all parts of the industry, including social landlords and private developers – but we need political will to bring all the players together and make that happen.”