A Housing Land Audit (HLA) is a key document in the planning process that assesses the supply of land available for housing development within a local authority area. It provides a detailed account of the housing sites that are expected to contribute to the supply of new homes over a specific period, typically 5 to 10 years.Purpose of a Housing Land AuditMonitoring Housing Supply: It tracks the progress of housing developments and ensures that there is a sufficient pipeline of land to meet housing demand.Planning Policy Compliance: Helps local authorities and stakeholders assess whether housing targets set in local development plans are being met.Assessing Deliverability: Identifies sites that are immediately available for development and those that may require further planning, infrastructure, or land assembly before they can be built on.Supporting Decision-Making: Provides evidence for planning decisions, appeals, and policy reviews.Key Components of a Housing Land AuditEffective Housing Land Supply: Sites that are expected to be developed within a set period (usually five years) and are free of significant constraints.Constrained Housing Land Supply: Sites with constraints such as legal issues, lack of infrastructure, or landownership problems, making them unlikely to be developed in the short term.Completed Housing Developments: Records the number of houses built within the audit period.Future Housing Land Supply: Includes sites allocated in development plans for housing but not yet in the planning system.Who Uses a Housing Land Audit?Local Authorities – To guide planning policies and ensure sufficient land is available for housing.Developers & Housebuilders – To understand the availability of land and plan future housing developments.Government & Planning Inspectors – To assess whether councils are meeting housing targets.Communities & Stakeholders – To understand where new housing developments may be proposed in their area.

Number of affordable housing starts (seasonally adjusted)

How the figure is calculated:

Total reported numbers of starts under the relevant programmes within the reporting period. Because delivery is seasonal and reflects funding profiles, with more starts and completions being reported in the second six months than are reported in the first six months, the current figures are compared back to the equivalent period of the year before rather than the preceding six months.

Why is this indicator in the business plan?

These are the most timely indicators on affordable housing delivery. Increasing the supply of affordable housing is a key part of DCLG policy.

How often is it updated?

Bi-annually, approximately June and November.

Where does the data come from?

Homes and Communities Agency (HCA) - Investment Management System and other programme information. Published figures are at http://www.homesandcommunities.co.uk/housing-statistics.

Greater London Authority (GLA) - Investment Management System and other programme information. Published figures are at http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

Yes, can be split by type (social rent, affordable rent, intermediate rent, Low Cost Home Ownership) and by local authority area.

What does a change in this indicator show?

An increase in this indicator is good and shows more new affordable houses are being started through the HCA and GLA.

Time Lag

Published within two months of the end of the reporting period.

Next available update

June 2015.

Type of Data

Official Statistics.

Robustness and data limitations

• Does not include all affordable housing starts and completions because some will be delivered outside the HCA and GLA roles.
• Delivery is seasonal and reflects funding profiles. Delivery tends to be lower in the first six months than the last six months of the year and therefore comparisons with the previous six-monthly period are not usually appropriate.
• A small number of the affordable housing starts reported by the HCA over this period are actually located in London (the Get Britain Building programme in London is administered by the HCA on behalf of the GLA).

With effect from 1 April 2014, affordable housing starts on site include the starts on site for new build homes purchased at completion. These have not been reported historically

Links to Further Information

http://www.homesandcommunities.co.uk/housing-statistics

http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics

Contact Details

CorporatePerformance@communities.gsi.gov.uk

Number of affordable housing completions (seasonally adjusted)

How the figure is calculated:

Total reported numbers of completions under the relevant programmes within the reporting period. Because delivery is seasonal and reflects funding profiles, with more starts and completions being reported in the second six months than are reported in the first six months, the current figures are compared back to the equivalent period of the year before rather than the preceding six months.

Why is this indicator in the business plan?

These are the most timely indicators on affordable housing delivery. Increasing the supply of affordable housing is a key part of DCLG policy.

How often is it updated?

Bi-annually, approximately June and November.

Where does the data come from?

Homes and Communities Agency (HCA) - Investment Management System and other programme information. Published figures are at http://www.homesandcommunities.co.uk/housing-statistics.

Greater London Authority (GLA) - Investment Management System and other programme information. Published figures are at http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

Yes, can be split by type (social rent, affordable rent, intermediate rent, Low Cost Home Ownership) and by local authority area.

What does a change in this indicator show?

An increase in this indicator is good and shows more new affordable houses are being completed through the HCA and GLA.

Time Lag

Published within two months of the end of the reporting period.

Next available update

June 2015.

Type of Data

Official Statistics.

Robustness and data limitations

• Does not include all affordable housing starts and completions because some will be delivered outside the HCA and GLA roles.
• Delivery is seasonal and reflects funding profiles. Delivery tends to be lower in the first six months than the last six months of the year and therefore comparisons with the previous six-monthly period are not usually appropriate.
• A small number of the affordable housing starts reported by the HCA over this period are actually located in London (the Get Britain Building programme in London is administered by the HCA on behalf of the GLA).

Links to Further Information

http://www.homesandcommunities.co.uk/housing-statistics

http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics

Contact Details

CorporatePerformance@communities.gsi.gov.uk

The majority of young adults in the UK were still committed to buying a property in 2023, with one in three wanting to get on the property ladder as soon as possible. Nevertheless, 22 percent of respondents shared that their home buying plans were on hold, while 18 percent admitted that they need more monetary support from family, friends, and lenders. Since the beginning of the coronavirus pandemic, house prices have soared, markedly outpacing income growth. Furthermore, interest rates have doubled since 2021, resulting in a substantial increase in the cost of buying a home.

This dataset provides modelled estimates of indoor overheating, heating and cooling needs across the UK housing stock, aggregated by dwelling archetype and 2021 Lower-layer Super Output Areas (LSOA). Eight dwelling archetypes broadly representative of the UK housing stock were assessed: Detached; semi-detached; bungalow; end-terrace; mid-terrace; highrise, lowrise and converted flats. Future weather files using 2018 UK Climate Projections (UKCP18) were used to model the projected outdoor conditions in the years 2030, 2050 and 2085 under Relative Concentration Pathway (RCP) 2.6. Additionally, outdoor conditions in England in 2085 were modelled using a RCP 8.5 weather file to assess a scenario in which global emissions continue to rise with little abatement. The results show the median percent of hours the bedroom temperature exceeded 26oC during annual nighttime hours (defined as 10pm - 7am); median cooling and heating demand (expressed as a Cooling Energy Use Intensity and a Heating Energy Use Intensity, in kWh/yr/m2), with different levels of building-level adaptation at three time intervals: 2030, 2050 and 2085. The five adaptation scenarios modelled and the assumptions they include are detailed on the 'Metadata' worksheet.

In the UK, the average scheme size of build-to-rent housing in planning as of 2024 was notably larger than the scheme size of completed properties. In the second quarter of the year, projects in planning had an average size of *** units, while for completed projects, this figure amounted to ***. Build-to-rent, or BTR is residential housing, flats or houses, that are built specifically to be rented. They are usually professionally managed and offer longer leasing periods.

Details of the affordable homes completed between 1 April 2018 and and 31 March 2024. Affordable homes include social rented, affordable rented and intermediate housing, provided to eligible households whose needs are not met by the market. The full definition of affordable housing is contained in the National Planning Policy Framework National Planning Policy Framework - Annex 2: Glossary - Guidance - GOV.UK (www.gov.uk)

Details of the affordable homes completed in each Parish between 2018/19 and 2023/24. Affordable homes include social rented, affordable rented and intermediate housing, provided to eligible households whose needs are not met by the market. The full definition of affordable housing is contained in the National Planning Policy Framework National Planning Policy Framework - Annex 2: Glossary - Guidance - GOV.UK (www.gov.uk)

Total number of housing starts (seasonally adjusted)

How the figure is calculated:

Total housing starts are reported by local authority and private building control organisations after the end of each quarter. A start is counted from the point at which foundation work begins. The figures are seasonally adjusted to allow comparisons with previous quarters.

Why is this indicator in the business plan?

Increasing the supply of housing is a key part of DCLG policy. The house building figures are the most frequent and timely indicator of housing delivery.

How often is it updated?

Quarterly

Where does the data come from?

P2 quarterly house building returns by local authority building control departments; monthly information from the National House Building Council (NHBC) on the volume of building control inspections; and a quarterly survey of private building control companies. Published figures are at https://www.gov.uk/government/organisations/department-for-communities-and-local-government/series/house-building-statistics.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

Yes, can be split by local authority area and by tenure

What does a change in this indicator show?

An increase in this indicator is good and shows more new houses are being started.

Time Lag

Figures are published within two months of the end of the reporting period.

Next available update

May 2015.

Type of Data

National Statistics.

Robustness and data limitations

The P2 figures from local authorities and figures from private building control companies include imputation for a small number of missing returns.

Seasonal factors for the house building time series are re-calculated annually back to 2000. This is usually done in the second quarter of the calendar year. Therefore the seasonally adjusted house building figures throughout the whole period change slightly at that time but are not marked as 'revised'.

Links to Further Information

https://www.gov.uk/government/organisations/department-for-communities-and-local-government/series/house-building-statistics

Contact Details

CorporatePerformance@communities.gsi.gov.uk

Dundee Housing Land Audit 2024

The annual audit of housing land provides a factual statement of land supply within the administrative boundary of Dundee City Council.

The audit remains an important source of information for the monitoring of the Dundee Local Development Plan as well as for the National Planning Framework 4 as well as for the National Planning Framework 4, and accompanying documents.

The Dundee Housing Land Audit 2024 has been prepared in line with National Planning Framework 4 (NPF4) and PAN 2/2010: Affordable Housing and Housing Land Audits.

For more context, please see https://www.dundeecity.gov.uk/service-area/city-development/planning-and-economic-development/dundee-housing-land-audit

Please email any queries to localdevplan@dundeecity.gov.ukSee open data download options for link to interoperable Web Feature Service (WFS)

Land allocated for housing in the Waveney Local Plan, Adopted March 2019. The Waveney Local Plan applies to the part of East Suffolk formerly covered by the Waveney local planning authority area. This area should only be used as a guide. Please refer to the definitive policies map.

This statistic illustrates the average house price for equity release plan customers in the United Kingdom (UK) from the second half of 2015 to the second half of 2019, by type of lifetime mortgage. Equity release plans are designed to allow homeowners to access some of the value of their property without the need to sell their house and move out. A lump sum equity release plan facilities a one-off payment, whilst a drawdown equity release plan enables a homeowner to receive an initial advance, alongside an agreed amount cash facility that can be used when required. It can be seen that the average house price for both lump sum and drawdown customers increased steadily during this period, reaching over *** thousand British pounds in lump sum plans, and *** thousand British pounds in the drawdown plans, as of the second half of 2019.

Snapshot img

Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

Boundaries of South Ayrshire land supply sites for housing with a capacity for 4 or more homes. The South Ayrshire Land Supply sites were agreed following an audit meeting between South Ayrshire Council as local planning authority and Homes for Scotland as representatives of the house building industry. The audit meets the requirements of Scottish Planning Policy to monitor the minimum 5-year effective land supply.

Total number of housing completions (seasonally adjusted)

How the figure is calculated:

Total housing completions are reported by local authority and private building control organisations after the end of each quarter. A completion is counted when a dwelling is ready for habitation. The figures are seasonally adjusted to allow comparisons with previous quarters.

Why is this indicator in the business plan?

Increasing the supply of housing is a key part of DCLG policy. The house building figures are the most frequent and timely indicator of housing delivery.

How often is it updated?

Quarterly

Where does the data come from?

P2 quarterly house building returns by local authority building control departments; monthly information from the National House Building Council (NHBC) on the volume of building control inspections; and a quarterly survey of private building control companies. Published figures are at https://www.gov.uk/government/organisations/department-for-communities-and-local-government/series/house-building-statistics.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

Yes, can be split by local authority area and by tenure

What does a change in this indicator show?

An increase in this indicator is good and shows more new houses are being completed.

Time Lag

Figures are published within two months of the end of the reporting period.

Next available update

May 2015.

Type of Data

National Statistics.

Robustness and data limitations

The P2 figures from local authorities and figures from private building control companies include imputation for a small number of missing returns.

Seasonal factors for the house building time series are re-calculated annually back to 2000. This is usually done in the second quarter of the calendar year. Therefore the seasonally adjusted house building figures throughout the whole period change slightly at that time but are not marked as 'revised'.

Links to Further Information

https://www.gov.uk/government/organisations/department-for-communities-and-local-government/series/house-building-statistics

Contact Details

CorporatePerformance@communities.gsi.gov.uk

Residential building contractors are contingent on the propensity of property developers to invest in new ventures; movements in property prices; government schemes intended to boost the housing supply; and underlying sentiment in the housing market. Industry contractors have endured turbulent operating conditions over the past five years, leading to volatile shifts in revenue and profitability. Revenue is forecast to grow at a compound annual rate of 1% over the five years through 2024-25, reaching £97.4 billion. The pandemic caused a significant drop in output in 2020-21, as restrictions placed on on-site activity and fewer enquiries for new housing units reduced revenue opportunities. Aided by government support for the housing market and the release of pent-up demand, 2021-22 was characterised by a strong rebound in activity, though materials and labour shortages maintained constraints on output. Mounting supply chain disruption and heightened economic uncertainty maintained pressure on output in the following year, though revenue growth was maintained by growth in average selling prices. Interest rate hikes and inflationary pressures led to a more subdued housing market in 2022-23, holding back the number of housing starts and completions during the year. This was followed by a slump in new residential building construction in the following year, as high borrowing costs and uncertain market conditions caused developers to scale back investment plans. Revenue is set to grow by 1.5% in 2024-25, aided by a slight improvement in new orders for residential building construction and an uptick in average selling prices. Revenue is slated to climb at a compound annual rate of 1.5% to reach £105.1 billion over the five years through 2029-30. Housebuilding activity is set to grow in the medium-term, aided by the release of pent-up demand. Nonetheless, significant uncertainty remains, with mortgage rates likely to settle well-above pre-pandemic levels and supply chains remaining fragile. The new government’s pledge to deliver 1.5 million houses during the first five years of parliament will boost demand for industry contractors, though the full impact of this on growth prospects is dependent on the nature and extent of accompanying funding plans.

Number of areas designated by the relevant local authority for Neighbourhood Plans

How the figure is calculated:

The figure is a count of communities that have applied and been designated by their local authorities as neighbourhood planning areas: the first legal step in the production of a neighbourhood plan.

Why is this indicator in the business plan?

The Localism Act, which received Royal Assent on November 15 2011, introduced new rights and powers to allow local communities to shape new development by coming together to prepare neighbourhood plans.

Neighbourhood planning can be taken forward by town and parish councils or in unparished areas by neighbourhood forums. An existing or new community group, representative of the area and with at least 21 members can apply and be designated by the local authority as a neighbourhood forum.

Neighbourhood forums and parish councils can use new neighbourhood planning powers to establish policies for the development and use of land in a neighbourhood planning area or to permit the development they want to see without the need for further planning applications. They can decide where new homes and offices should be built and what they should look like. The plan can allocate sites for development, provide general guidelines, and have any number of policies depending what local people want.

The neighbourhood planning process has five stages:

• Designating the neighbourhood area and (in unparished areas) forum.
• Preparing the plan
• Consulting on a draft version (6-weeks pre-submission consultation)
• Independent check of the plan after a further 6 weeks publicity
• Community referendum. If more than 50% voters agree, the plan is made part of the local plan and has legal force

How often is it updated?

Monthly

Where does the data come from?

Data is collected by DCLG from automatic reporting of updates to local authority websites.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

No

What does a change in this indicator show?

We would expect to see the number of areas designated to increase as the figures are cumulative and once an area is designated it does not lose its designation. Since December 2012, we have seen an average of 44 areas designated per month.

Time Lag

Time lag is minimal but there will be an element of lag between the time an area is designated and the point at which a local authority updates their website: from days to weeks.

Next available update

Around first Friday of each month.

Type of Data

Management information

Robustness and data limitations

Numbers are as reported by local authorities and may be higher where authorities have not yet updated websites.

Links to Further Information

"https://www.gov.uk/government/policies/giving-communities-more-power-in-planning-local-development/supporting-pages/neighbourhood-planning%0Ahttp://mycommunityrights.org.uk/neighbourhood-planning/">https://www.gov.uk/government/policies/giving-communities-more-power-in-planning-local-development/supporting-pages/neighbourhood-planning http://mycommunityrights.org.uk/neighbourhood-planning/

Contact Details

CorporatePerformance@communities.gsi.gov.uk