House completions seen falling short of Housing for All targets

Delays and escalating inflation weigh on some schemes
House completions seen falling short of Housing for All targets

Challenges to meeting housing targets 'are gathering momentum' despite the Government providing incentives and subsidies to boost supply, said EY.

The number of houses built over the next three years will fall short of Government's plans under its Housing for All programme, as delays and escalating inflation weigh on some schemes, while the war in Ukraine has increased demand for homes, new forecasts reveal. 

The key projections are from EY Economic Advisory and were prepared for Euroconstruct, which draws up forecasts across the continent.

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