Global demand for new housing will rise three percent annually through 2014. North America, Western Europe and Japan will grow the fastest from steep recent declines. Among developing areas, the Asia/Pacific region will build the most new units while the Africa/Mideast region grows the fastest. The global housing stock will rise 1.8 percent annually.

This study analyzes the 1.9 billion unit world housing industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by type (single-family, multi-family), world region and for 22 countries. The study also considers market environment influences on demand.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							    viii

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		World Economic Overview						       5
		   Recent Historical Trends					       5
		   World Economic Outlook					       7
		World Demographic Overview					      11
		   Population							      12
		   Urban Population						      13
		   Households							      15
		World Residential Building Construction Expenditures		      17
		Legislation & Regulatory Considerations				      19

	III.	Overview							      22
		General								      22
		Housing Stock by Region						      22
		Housing Stock by Housing Type					      26
		New Housing Demand by Region					      27
		New Housing Demand by Housing Type				      30

	IV.	North America							      33
		North America							      33
		United States							      38
		Canada								      44
		Mexico								      49

	V.	Western Europe							      56
		Western Europe							      56
		Germany								      61
		France								      66
		United Kingdom							      71
		Italy								      75
		Spain								      80
		Other Western Europe						      86

	VI.	Asia/Pacific							      91
		Asia/Pacific							      91
		China								      96
		India								     103
		Indonesia							     108
		Japan								     112
		Thailand							     117
		South Korea							     122
		Australia							     128
		Taiwan								     132
		Other Asia/Pacific						     137

	VII.	Other Regions							     145
		Central & South America						     145
		   Brazil							     149
		   Argentina							     153
		   Other Central & South America				     157
		Eastern Europe							     161
		   Russia							     165
		   Poland							     170
		   Other Eastern Europe						     174
		Africa/Mideast							     179
		   Turkey							     184
		   South Africa							     189
		   Other Africa/Mideast						     194


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	World Gross Domestic Product by Region				      11
	2	World Population by Region					      13
	3	World Urban Population by Region				      15
	4	World Households by Region					      17
	5	World Residential Building Construction Expenditures 
		   by Region							      19

		SECTION III -- Overview
	1	World Housing Stock by Region					      24
	2	World Housing Stock by Type					      27
	3	World New Housing Units by Region				      29
	4	World New Housing Units by Type					      32

		SECTION IV -- North America
	1	North America -- Housing Stock					      35
	2	North America -- New Housing Units				      38
	3	United States -- Housing Stock					      41
	4	United States -- New Housing Units				      44
	5	Canada -- Housing Stock						      46
	6	Canada -- New Housing Units					      49
	7	Mexico -- Housing Stock						      52
	8	Mexico -- New Housing Units					      55

		SECTION V -- Western Europe
	1	Western Europe -- Housing Stock					      58
	2	Western Europe -- New Housing Units				      60
	3	Germany -- Housing Stock					      63
	4	Germany -- New Housing Units					      66
	5	France -- Housing Stock						      68
	6	France -- New Housing Units					      70
	7	United Kingdom -- Housing Stock					      73
	8	United Kingdom -- New Housing Units				      75
	9	Italy -- Housing Stock						      78
	10	Italy -- New Housing Units					      80
	11	Spain -- Housing Stock						      83
	12	Spain -- New Housing Units					      86
	13	Other Western Europe -- Housing Stock				      88
	14	Other Western Europe -- New Housing Units			      90

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific -- Housing Stock					      93
	2	Asia/Pacific -- New Housing Units				      95
	3	China -- Housing Stock						      99
	4	China -- New Housing Units					     102
	5	India -- Housing Stock						     105
	6	India -- New Housing Units					     107
	7	Indonesia -- Housing Stock					     110
	8	Indonesia -- New Housing Units					     112
	9	Japan -- Housing Stock						     115
	10	Japan -- New Housing Units					     117
	11	Thailand -- Housing Stock					     120
	12	Thailand -- New Housing Units					     122
	13	South Korea -- Housing Stock					     125
	14	South Korea -- New Housing Units				     128
	15	Australia -- Housing Stock					     130
	16	Australia -- New Housing Units					     132
	17	Taiwan -- Housing Stock						     135
	18	Taiwan -- New Housing Units					     137
	19	Other Asia/Pacific -- Housing Stock				     140
	20	Other Asia/Pacific -- New Housing Units				     142
	21	Other Asia/Pacific -- Housing Stock 
		   & New Housing Units by Country				     144

		SECTION VII -- Other Regions
	1	Central & South America -- Housing Stock			     147
	2	Central & South America -- New Housing Units			     149
	3	Brazil -- Housing Stock						     151
	4	Brazil -- New Housing Units					     153
	5	Argentina -- Housing Stock					     155
	6	Argentina -- New Housing Units					     157
	7	Other Central & South America -- Housing Stock			     159
	8	Other Central & South America -- New Housing Units		     161
	9	Eastern Europe -- Housing Stock					     163
	10	Eastern Europe -- New Housing Units				     165
	11	Russia -- Housing Stock						     168
	12	Russia -- New Housing Units					     170
	13	Poland -- Housing Stock						     172
	14	Poland -- New Housing Units					     174
	15	Other Eastern Europe -- Housing Stock				     177
	16	Other Eastern Europe -- New Housing Units			     179
	17	Africa/Mideast -- Housing Stock					     182
	18	Africa/Mideast -- New Housing Units				     184
	19	Turkey -- Housing Stock						     187
	20	Turkey -- New Housing Units					     189
	21	South Africa -- Housing Stock					     192
	22	South Africa -- New Housing Units				     194
	23	Other Africa/Mideast -- Housing Stock				     196
	24	Other Africa/Mideast -- New Housing Units			     198
	25	Other Africa/Mideast -- Housing Stock 
		   & New Housing Units by Country				     200


				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION III -- Overview
	1	World Housing Stock by Region, 2009				      25
	2	World Growth in Households & Housing Stock, 1999-2019		      25
	3	World New Housing Units by Region, 2009				      30

		SECTION IV -- North America
	1	North America -- Growth in Households & Housing Stock		      36
	2	United States -- Growth in Households & Housing Stock		      42
	3	Canada -- Growth in Households & Housing Stock			      47
	4	Mexico -- Growth in Households & Housing Stock			      53

		SECTION V -- Western Europe
	1	Western Europe -- Growth in Households & Housing Stock		      59
	2	Germany -- Growth in Households & Housing Stock			      64
	3	France -- Growth in Households & Housing Stock			      69
	4	United Kingdom -- Growth in Households & Housing Stock		      74
	5	Italy -- Growth in Households & Housing Stock			      79
	6	Spain -- Growth in Households & Housing Stock			      84
	7	Other Western Europe -- Growth in Households 
		   & Housing Stock						      89

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific -- Growth in Households & Housing Stock		      94
	2	China -- Growth in Households & Housing Stock			     100
	3	India -- Growth in Households & Housing Stock			     106
	4	Indonesia -- Growth in Households & Housing Stock		     111
	5	Japan -- Growth in Households & Housing Stock			     116
	6	Thailand -- Growth in Households & Housing Stock		     121
	7	South Korea -- Growth in Households & Housing Stock		     126
	8	Australia -- Growth in Households & Housing Stock		     131
	9	Taiwan -- Growth in Households & Housing Stock			     136
	10	Other Asia/Pacific -- Growth in Households & Housing Stock	     141

		SECTION VII -- Other Regions
	1	Central & South America -- Growth in Households 
		   & Housing Stock						     148
	2	Brazil -- Growth in Households & Housing Stock			     152
	3	Argentina -- Growth in Households & Housing Stock		     156
	4	Other Central & South America -- Growth in Households 
		   & Housing Stock						     160
	5	Eastern Europe -- Growth in Households & Housing Stock		     164
	6	Russia -- Growth in Households & Housing Stock			     169
	7	Poland -- Growth in Households & Housing Stock			     173
	8	Other Eastern Europe -- Growth in Households 
		   & Housing Stock						     178
	9	Africa/Mideast -- Growth in Households & Housing Stock		     183
	10	Turkey -- Growth in Households & Housing Stock			     188
	11	South Africa -- Growth in Households & Housing Stock		     193
	12	Other Africa/Mideast -- Growth in Households 
		   & Housing Stock						     197