Great news for the housing market! The construction of protected, affordable housing is seeing a major revival, reaching its strongest first half in 15 years. Here is how the numbers break down for the first six months of 2026:
- Authorities granted permits to start building 13,492 new homes, a massive 70% jump from last year.
- This represents the highest volume of new project starts since 2011.
- The number of completed housing projects doubled compared to the same period last year, hitting 11,270 units.
While this is a step in the right direction, current building rates are still far below the levels seen at the turn of the century, meaning there is still plenty of work left to solve the ongoing housing crisis.