The number of new homes completed by stock-market listed housebuilders is set to fall below 70,000 this year in a blow to the Government's targets. It puts in jeopardy the Government's goal to build 300,000 homes a year by the mid-2020s to tackle the housing shortage. This includes all housebuilders, not just those listed on the stock market. The other housebuilders in Peel Hunt's analysis were: Crest Nicholson, Bellway, MJ Gleeson, Redrow, Springfield, Vistry and Taylor Wimpey. The number of homes expected to be completed in 2024 are even fewer than in 2020.

Source: Daily Mail January 15, 2024 07:33 UTC