Office for Budget Responsibility housing / News

Housing Shortfall: UK to Miss 1.5M Goal
Real estate

UK Government expected to miss 1.5 million homes target, confirms Chancellor Reeves

...housing stock by March 2030. This projection, published in the Office for Budget Responsibility’s (OBR) March 2025 Economic and Fiscal Outlook, suggests the UK Government will fall short of its 2024 election pledge for new home construction - despite a renewed focus on planning reform and housing policy. Reeves maintai...