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The Canberra Times
The Canberra Times
National
Alex Crowe

Missed mark on land release adds pressure to ACT housing market

Act Housing Market Elizabeth Lee Canberra Suburban Land Agency
Housing supply has been made an election issue this campaign as thousands of ACT families bid for hundreds of new blocks. Picture: Dion Georgopoulos

The ACT government will fail to meet its land release target this year, with a court challenge to expansion in the north adding pressure to an already strained housing market.

More than 4700 sites were scheduled for sale this financial year under the ACT's land release program, with the government now conceding hundreds will not go to market by June 30.

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