Recent government figures show that 190,000 new homes were built in England during the last financial year, 163,940 of which were new build.
This represents an increase of 11% in the number of new homes created when compared with the previous financial year of 2014 - 2015.
The Home Builders Federation greeted the stats with approval, saying that the government's goal to deliver one million new homes is ‘on track’ and that its policies in this area are encouraging supply.
HBF representatives stated that to achieve the million-home goal, an average 200,000 homes a year must be built. The new figures, which cover activity during the first parliamentary year under the Conservatives, show that the increased housing delivery has been sustained and all indicators point to additional increases in the future.
The figures demonstrate that between April 2015 and 2016, overall housing supply actually reached 200,070, an increase of 10% on the year before, but once demolitions were taken into account, the net additions actually increased by 11%. There was also an increase of 52% in available housing over the past three years.