Property Council ACT & Capital Region Executive Director Ashlee Berry said the data shows the Territory is well positioned but warned that policy and cost settings will determine whether progress is sustained.
"Housing targets matter because they provide certainty to the market and confidence for the community," Ms Berry said.
"The ACT is showing that those targets are achievable. The focus now must be on keeping projects feasible and moving through to construction."
The State of the Housing System 2026, released today by the National Housing Supply and Affordability Council, shows the ACT is tracking to deliver around 22,000 new homes between 2024-25 and 2028-29, compared with a population based housing target of around 21,000 homes over the National Housing Accord period. At the current pace, the ACT is on track to meet – and slightly exceed – its housing target, placing it among the best performing jurisdictions nationally.
Ms Berry said the results reflect the ACT's unique governance model, where government decisions have a direct and material impact on housing outcomes.
"In the ACT, government policy settings matter more than almost anywhere else in the country," Ms Berry said.
"That means Budget decisions on costs, infrastructure delivery and land release have a direct line of sight to how many homes actually get built."
The Property Council said its 2026‑27 ACT Pre‑Budget Submission highlights the importance of using the forthcoming Budget to support feasibility and delivery, particularly as construction costs and financing pressures stay elevated.
The Property Council is calling on the ACT Government to use the 2026‑27 Budget to:
- Maintain settings that support housing feasibility, including moderating taxes, fees and charges
- Ensure timely land release and infrastructure sequencing so approved projects can proceed to construction
- Reduce delays and complexity in planning and approvals, particularly for infill and medium density housing
- Provide a predictable, investment ready pipeline of housing supply to support sustained delivery
"Approvals are vital for the pipeline, but delivery depends on whether projects stack up," Ms Berry said.
"The June Budget is a real opportunity to reinforce the ACT's strong position and make sure housing momentum is not lost."
Ms Berry said the ACT's performance shows that ambitious housing targets can be met when policy settings are aligned with delivery.
"This Budget will be critical to making sure the ACT stays on track and continues to lead the nation on housing supply."
