Efforts to tackle Guernsey's housing shortage

The Guernsey Housing Plan aims to address the island's "significant housing pressures"

Plans to tackle a shortage of housing in Guernsey are outlined in a new report.

An update to the Guernsey Housing Plan describes proposals to address the island's "significant housing pressures".

The States said the affordability of homes for both sale and rent is a key concern for islanders.

During 2023, property values were particularly high. Since then, the average property price has fallen from £647,889 in Q3 2023 to £587,673 in Q2 2024.

The Guernsey Housing Plan, compiled by The Committee for the Environment & Infrastructure, was first published in 2023.

An updated 2024 report outlines the efforts being made to stimulate private housing developments, investigate modern construction methods and efforts to regulate the private rental market.

Deputy Lindsay de Sausmarez, President of the Committee for the Environment & Infrastructure, said: "When we initially launched the plan, we explained that there was no silver bullet to Guernsey’s housing pressures. But, through this comprehensive plan, we are seeing some early positive signs.

"However, there’s still a long way to go and we’re not resting on our laurels.

"Our efforts are very much focused on trying to alleviate Guernsey’s various housing pressures, and it’s good to see some early positive signs."