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Urban Taskforce CEO, Tom Forrest, said the final set of housing approval figures for 2025 showed NSW unfortunately going backwards for the month of October.
After a strong pick up in September, the rollercoaster ride of housing approvals saw only 3,705 new dwelling units approved in NSW in October. Concerningly, stand-alone housing (largely greenfield development) remains in a rut with only 1,913 new homes approved.
With the slow start to the gearing up of the performance of the planning system in NSW, we started the Accord from a long way behind. The former NSW State Government left the planning system in a dire mess. NSW now needs to deliver around 7,000 new homes each month to reach the housing numbers required under the National Housing Accord.