The UK aims to build 1.5 million homes in England by 2029 but likely falls short due to ongoing challenges.

The UK Labour government, aiming to build 1.5 million homes in England by 2029, acknowledges it is likely to fall short, with forecasts predicting 1.49 million net new homes. Housing Secretary Steve Reed expects a "hockey stick" surge in construction toward the end of the term, driven by reforms like the Planning and Infrastructure Bill to fast-track approvals near transport hubs. Despite progress in planning applications and energy performance certificate data, challenges persist, including workforce shortages, high costs, regulatory delays, and inconsistent policies. The government is pushing for stable funding, reduced red tape, and support for small developers, while industry leaders call for tax changes and first-time buyer incentives. The target applies only to England, as housing is devolved.