RICS Comment on DCLG Household Growth Figures

21st March 2007

Commenting on today's estimates of future household numbers, David Stubbs, Senior Economist at the RICS, said:

Today's projections forecast even faster growth in the number of households in England over the next twenty years than was previously predicted. Action is needed now to ensure this new demand will be met by increased supply in the number of homes built in this country. Renovation of existing buildings would also help to meet this need and take the pressure off green field sites. If this challenge is not met house prices will continue to be pushed upwards by tight market conditions, making accessing the housing market even more difficult for first time buyers than it already is.

For more information, please contact:
Stephen Thornton
Press Officer
RICS Corporate Communications
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