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.