Housing Minister Mark Prisk on first-time buyers
11 October 2012 Last updated at 14:38 BST
The number of houses being completed has risen by 8% in the last year, Mark Prisk said.
The new housing minister explained the government did "not want to create the next boom and bust" as he spoke to Andrew Neil about plans for building homes and schemes for first-time buyers.
The prime minister spoke of the need for new homes in his address to the Conservative Party Conference on Wednesday.