The latest house building data shows that 139,030
new homes were completed in England in the year up to June
While housing completions are now 39% above the trough in March
2013, they still remain way below the figure of 250,000 which most
commentators say is needed. It's also 28% below the March 2007 peak
just before the banking crisis.
ARCH argues that we're still not building anywhere near the
homes we need and that the government's target of a million new
homes in the lifetime of this Parliament is unlikely to be
The government must act in the Autumn Statement to make sure
more homes are built and stock retained councils, if allowed to,
can play an important role in contributing to this target by
building more council housing.