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Housebuilding to exceed 300,000 homes a year by 2029/30, excluding impact of forthcoming Affordable Homes Programme
The government’s changes to the National Planning Policy Framework (NPPF) will result in the construction of 1.3 million homes during the course of this parliament, the Office for Budget Responsibility (OBR) has said.
In a forecast published today alongside Rachel Reeves’ spring statement, the OBR said last year’s changes to the NPPF alone would add an extra 170,000 homes by 2029, pushing housebuilding to its highest level for 40 years. Completions are forecast to reach 305,000 homes a year by 2029-30.
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