It says that the housing situation in England is deteriorating in terms of the number of homes built each year and the affordability of the private rented sector, among other indicators.
However, the report also praises the government for its focus on bringing empty homes back into use.
Kay Boycott, director of communications, policy and campaigns at Shelter, said: "This government has had two years to start delivering on housing, yet this report paints a pretty bleak picture of its current record on housing in all its forms.
"We must now see progress made on the commitments outlined in [the government’s] housing strategy and bolder action taken to make sure families across the country can find a decent place to call home."
The housing strategy, which was published in November, promised to "get the housing market moving again" and "lay the foundations for a more responsive, effective and stable housing market in the future."
It included the £400 million Get Britain Building fund intended to lead to the construction of up to 16,000 homes on projects that already have planning permission but have stalled due to the recession.
The strategy also included £50 million of new funding designed to help tackle some of the worst concentrations of empty homes.
Grainia Long, chief executive of the CIH, said: "With the economy now in double dip recession, the pressures on the housing system will only increase and the government needs to step up its efforts in response and be more ambitious in its strategy to boost housing supply and activity in the wider housing sector."
A copy of the Housing Report can be found here.