Action 1 under Construction 2020 includes a commitment to put in place a National Framework for Housing Supply, ensuring a balanced approach in which the supply of housing is matched with projected demand, and in which emerging imbalances can be identified and rectified at an early stage. A core aspect of the National Housing Framework is the analysis of supply and projected demand data, broken down on a national and local basis, with information on housing types and sizes a key feature.
This action also includes a commitment to publish an annual National Statement of Projected Housing Supply and Demand. The Housing Agency, in consultation with my Department, is leading on delivery of this action and I expect the first of these Statements to be finalised by the end of June 2015.
On receipt of the final Statement, I will consider its contents, in the context of future housing policy developments.