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English Housing Supply Update Q2 2023
"2023 to see c. 25k fewer new homes than previous year amid difficult development conditions."
Tagged Articles
"2023 to see c. 25k fewer new homes than previous year amid difficult development conditions."
"Over the last quarter, the development land market has remained price sensitive with fewer land sales. Although there is mounting downward pressure on land values, these pressures aren’t significantly being reflected in the prices being paid for land due to the ongoing lack of land supply maintaining competition in some markets"
"The National Planning Policy Framework at ten: what’s changed over the last decade of planning in England?"
"The NPPF has played a key role in enabling more housebuilding, but reform could ensure the planning system delivers the right type of homes without sacrificing overall delivery"
"The NPPF has aligned planning with market signals nationally, but a greater focus on local demand could increase the rate at which new homes are built and unlock opportunities for SME builders"
"Appeals ensure that the planning system functions when local decision-making breaks down, and provide an important alternative route for ensuring enough new homes are built."
"Supply of new homes hangs in balance with fewer permissions and weaker development activity."
"House prices and activity fall while new homes supply remains under threat"
"The residential land market continues to be slow with limited activity and further softening of land values"
"The pick-up in sales rates suggests activity is likely to return to the land market by the second half of the year"