NSW has recorded its highest number of homes under construction figures in 7 years, leading the nation with more than 79,300 homes currently under construction according to the latest data from the Australian Bureau of Statistics.
NSW has also recorded the highest quarter of housing completions in six years with 13,358 homes completed in original terms. This is a 7.2 per cent increase for the same quarter last year.
Commencements are also trending up with NSW recording 16,604 new homes underway, making it the highest quarter for commencements since September 2021.
The data also shows more projects are converting from approvals into construction with the number of approved but not commenced projects down by 18.2% compared to the September 2025 quarter.
This is an encouraging trend that shows the Minns Labor Government's nation leading reforms and initiatives are getting more housing into the pipeline and importantly out of the ground.
Our reforms include:
- Landmark reforms to the State's planning legislation
- The Transport Oriented Development program
- Low and Mid-rise Housing policy
- Infill Affordable Housing Scheme
- The Housing Delivery Authority
- Pre-sale Finance Guarantee.
There's more work to do, but the state's landmark planning reforms which passed the parliament last year are designed make it easier to build homes in NSW.
The Minns Labor Government is restoring housing choice and diversity and rebalancing housing growth towards existing infrastructure to fill a gap in new housing supply that had been left unaddressed for decades.
The momentum we're seeing build in the housing pipeline is exciting but we know there's more to do as NSW and Australia faces challenging macroeconomic conditions and further uncertainty due to fuel cost increases, as a result of the conflict in the Middle East.
Minister for Planning and Public Spaces Paul Scully said:
"The former Liberal National Government lead a collapse for NSW housing with the forecast for housing growth falling to just 36,000 homes a year by the end of their term.
"The Minns Labor Government is turning that pipeline around building consistent momentum across the housing pipeline from approvals to commencements, construction and completions.
"These figures show the Government's planning reforms in action and they aren't just statistics, each of these completion means a new home for a person or family in NSW.
"There's more work to be done to address NSW's housing challenges and manage the cost impact associated with conflict in the Middle East but we're on the right track with more houses being built today than in any other quarter over the last seven years."
