Thousands more homes needed across the North West

A major report by the Building Back Britain Commission revealed hundreds of thousands of new homes are needed across the North and Midlands. There is a projected annual shortfall of up to 67,000 homes in cities like Manchester, Liverpool, Birmingham and Bradford. This adds up to a need of 140,000 homes per year over the next two decades.

Manchester in particular requires the second largest rise in new-build homes. With the current housing assessment, 3,527 new properties are needed per year. This is expected to jump to 7,469 homes per year based on future growth. This report shows the number of high-quality property developments that are still needed in the growing city of Manchester.

With the population over the next few years expected to increase even more, additional housing will be needed in the years to come. To keep up with this growing demand, a number of exciting property developments are already being brought forward in the city and surrounding area.

As the property sector continues to boom, this further shows how it’s such an exciting time to invest in Manchester. It’s transformed into a thriving global city and will likely remain a leading place to live, work and invest in.