Building affordable and council homes is a priority for the Mayor in tackling London's housing crisis and a key component of the London Housing Strategy. The GLA Housing team monitor a range of housing statistics produced by the Department for Levelling Up, Housing and Communities (DLUHC), and this spreadsheet contains a section from the Affordable Housing Open Data. This data has been used to measure the number of affordable and council homes built in London since 2016/17 and includes all affordable homes built, including those which did not receive funding from the GLA.

This dataset does not incorporate DLUHC data for 2021/22 or GLA data for 2022/23.

North West England and the West Midlands had the largest mismatch between the supply and demand of housing in 2023. If the number of dwellings added to the housing stock continues being lower than the number of new households formed there would be a housing shortage. However, London showed some signs of having a housing shortage, as it had the largest difference between the homes built and the households formed between 2016 and 2023.

The Greater London Authority's ‘Housing in London’ report sets out the evidence base for the Mayor's housing policies, summarising key patterns and trends across a wide range of topics relevant to housing in the capital. The report is the evidence base for the Mayor’s London Housing Strategy, the latest edition of which was published in May 2018.

The 2024 edition of Housing in London can be viewed here. It includes monitoring indicators for the London Housing Strategy, and five thematic chapters:

• 1. Demographic, economic and social context
• 2. Housing stock and supply
• 3. Housing costs and affordability
• 4. Housing needs, including homelessness and overcrowding
• 5. Mobility and decent homes

Where possible, the data behind each year's report's charts and maps is made available below.

To provide feedback or request the document in an accessible format, please email housing.analysis@london.gov.uk

The Greater London Authority's ‘Housing in London’ report sets out the evidence base for the Mayor's housing policies, summarising key patterns and trends across a wide range of topics relevant to housing in the capital. The report is the evidence base for the Mayor’s London Housing Strategy, the latest edition of which was published in May 2018. The 2024 edition of Housing in London can be viewed here. It includes monitoring indicators for the London Housing Strategy, and five thematic chapters: * 1. Demographic, economic and social context * 2. Housing stock and supply * 3. Housing costs and affordability * 4. Housing needs, including homelessness and overcrowding * 5. Mobility and decent homes Where possible, the data behind each year's report's charts and maps is made available below. To provide feedback or request the document in an accessible format, please email housing.analysis@london.gov.uk

The London Housing Strategy sets out the Mayor's plans to tackle the capital's housing crisis and his vision to provide all Londoners with a good quality home they can afford. The draft strategy was published for a 12-week consultation between 6 September and 7 December 2017. Responses were received from over 2,000 members of the public via surveys, online discussion threads, and written correspondence. Over 200 organisations also submitted written responses to the draft strategy. The consultation response report, available at www.london.gov.uk/housing-strategy, provides an accurate summary of responses to the consultation. Quantitative information used to develop this report are set out below.

Housing Index in the United Kingdom increased to 517.10 points in October from 514.20 points in September of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About 36 percent of homeowners in England were aged 65 and above, which contrasts sharply with younger age groups, particularly those under 35. Young adults between 25 and 35, made up 15 percent of homeowners and had a dramatically lower homeownership rate. The disparity highlights the growing challenges faced by younger generations in entering the property market, a trend that has significant implications for wealth distribution and social mobility. Barriers to homeownership for young adults The path to homeownership has become increasingly difficult for young adults in the UK. A 2023 survey revealed that mortgage affordability was the greatest obstacle to property purchase. This represents a 39 percent increase from 2021, reflecting the impact of rising house prices and mortgage rates. Despite these challenges, one in three young adults still aspire to get on the property ladder as soon as possible, though many have put their plans on hold. The need for additional financial support from family, friends, and lenders has become more prevalent, with one in five young adults acknowledging this necessity. Regional disparities and housing supply The housing market in England faces regional challenges, with North West England and the West Midlands experiencing the largest mismatch between housing supply and demand in 2023. This imbalance is evident in the discrepancy between new homes added to the housing stock and the number of new households formed. London, despite showing signs of housing shortage, has seen the largest difference between homes built and households formed. The construction of new homes has been volatile, with a significant drop in 2020, a rebound in 2021 and a gradual decline until 2024.

The volume of residential property sales in London dropped substantially after 2007 as a result of the global financial crisis. Though housing transactions gradually increased until 2014, sales volumes remained shy from the period before the financial crisis. The housing boom in 2021 led to transactions jumping to nearly *********This substantial increase was followed by two years of market contraction, followed by a slight uptick in 2024. Across the city, several boroughs stood out as concentrating a larger number of transactions. These boroughs included Wandsworth, Bromley, and Croydon.

In the four weeks leading up to June 16, 2025, the housing market in the UK saw the stock of homes for sale increase by ** percent compared to the same period in 2024. New inventory, demand, and the number of agreed sales also increased, albeit at a lower rate.

Buckinghamshire was one of the areas in England with the highest number of housing unit additions per 1,000 dwellings in 2023. Meanwhile, there were *** houses added in London in 2023 for each 1,000 dwellings already existing in the previous year, which is a higher value than in Manchester, Leeds, and Birmingham. That means that the housing supply in the capital relative to the size of its housing stock increased at a faster pace than in the other major English cities.

After a period of rapid increase, house price growth in the UK has moderated. In 2025, house prices are forecast to increase by ****percent. Between 2025 and 2029, the average house price growth is projected at *** percent. According to the source, home building is expected to increase slightly in this period, fueling home buying. On the other hand, higher borrowing costs despite recent easing of mortgage rates and affordability challenges may continue to suppress transaction activity. Historical house price growth in the UK House prices rose steadily between 2015 and 2020, despite minor fluctuations. In the following two years, prices soared, leading to the house price index jumping by about 20 percent. As the market stood in April 2025, the average price for a home stood at approximately ******* British pounds. Rents are expected to continue to grow According to another forecast, the prime residential market is also expected to see rental prices grow in the next five years. Growth is forecast to be stronger in 2025 and slow slightly until 2029. The rental market in London is expected to follow a similar trend, with Outer London slightly outperforming Central London.

As of the third quarter of 2020, residential land value in Central London saw a negative change both on annual and on six-month basis. In comparison, land value in Outer London saw no change on six-month basis and an increase of *** percent compared to *** year ago. This highlights one of the effects that the coronavirus (COVID-19) crisis has had on housing demand: rather than living central, many people have decided to prioritize property size. The rise in demand for larger properties with outside space has influenced both rental and housing prices.

Increased regulation, construction costs, and capex requirements were the main real estate related concerns among industry experts in Europe according to a 2025 survey. Construction costs have been on the rise since the coronavirus pandemic because of the high demand and inflation. About 71 percent of respondents feared that the escalating costs and resource availability will continue to be an issue in the next year. Investment and development prospects in Europe According to the survey, London was the European city with the highest real estate investment and development prospects, followed by Madrid and Paris in 2026. To calculate the scoring, the source considered the following factors: transport connectivity, forecast real estate returns, city’s economic performance, availability of assets/opportunities for new development, market size and liquidity, regulatory environment, digital connectivity, attractiveness to talent, city leadership, housing affordability, affordability of space for new/small/growing businesses. Investments and return In 2024, the United Kingdom, Germany, and France were the top three countries in Europe by total value of commercial real estate investment. In terms of profitability, the industrial and retail warehousing real estate sectors in the UK are estimated to bring the highest returns in the next five years.

As of the third quarter of 2020, residential prices in the outer prime London market increased both on a quarterly and annual basis for properties with gardens. The highest quarterly price growth (*** percent) was observed for properties with a large garden. This highlights one of the effects that the coronavirus crisis has had on housing demand: people have reassessed their priorities and are now looking for dwellings with outside space. Another insight from the rental market also shows larger properties are less impacted by coronavirus-related negative rental growth.