Economics

Housebuilding at 10-year high, report says

Figures show 408 homes were under construction at the end of June, the highest level since 2016.

Housebuilding at 10-year high, report says

The report highlighted a continuing trend of commercial buildings being converted into housing

The latest figures show that the number of homes being built in Guernsey has climbed to its highest point in a decade.

The Island Development Plan report, external revealed that 408 homes were under construction at the end of June, the highest total recorded since 2016 and far above the 10-year average of 325.

Officials said the island had 1,264 homes in its development pipeline, representing between nine and 11 years of housing supply based on current demand forecasts.

The biggest residential projects include Leale's Yard in St Sampson, which has outline permission for 314 homes, as well as the Mallard Complex, the Tyre Yard and Pointues Rocques developments.

Even with the rise in building activity, housing approvals eased during the second quarter of 2026.

Planning permissions issued between April and June produced a net gain of 44 dwellings, down from 74 in the first quarter and below the three-year quarterly average of 69, the figures showed.

The report said that from the adoption of the development plan in November 2016 to the end of the quarter, the cumulative number of units under construction stood at 942 in the private market and 184 classified as affordable housing.

The report also pointed to an ongoing pattern of commercial properties being turned into homes.

A total of 2,691 sq miles (28,966 sq ft) of office space was lost during the quarter, with four planning permissions covering the conversion of office accommodation to residential use.

Planning officials said the cumulative loss of office space since 2023 reflected the conversion of older secondary and tertiary office accommodation that no longer met modern requirements.

The number of affordable homes in the development pipeline stayed unchanged at 154.

A focused review of the Island Development Plan is still under way, and the current plan has been extended until 2030.

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