50,000 new homes per year

Headline figure

Labour's annual housing target: 50k/yr; modelled at €100k state cost per home ≈ €5bn/yr.

Attribution & links

Origin

Manifesto

Owner

The Labour Party

Policy area

Housing

Underwrites commitment

Build at least 50,000 new homes a year

Unit target

50,000 homes per year

First stated

2024-11-17

Last reviewed

2026-05-23

Verification

Cross-checked against the source document. Quote captured verbatim where the figure is directly stated; gaps and mismatches are noted honestly.

Verified against Labour Party GE2024 Manifesto - Building Better Together, p.4: "our mission is to transform the housing system and provide secure, affordable homes by building more than 50,000 new homes a year."

Evidence & sources

Every euro figure above ultimately traces back to the source document below.