Global Housing

10th Edition

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This report examines the global housing market in terms of both the global housing stock and the construction of new housing units.

Historical data for 2008, 2013, and 2018 and forecasts for 2023 and 2028 are presented in units by country in the following regions:

Home Construction
  • North America
  • Central and South America
  • Western Europe
  • Eastern Europe
  • Asia/Pacific
  • Africa/Mideast

Housing data in this report encompass private (owner-occupied and rental), public/social housing (owner-occupied and rental), and informal housing.

Housing units are segmented by type in terms of:

  • single-family housing units
  • multifamily housing units (e.g., apartments/flats, condominiums, townhouses)

This report also includes the following data, all presented in square meters:

  • existing residential floor space
  • new residential floor space
  • average size of existing housing units
  • average size of new housing units

Definitions

Housing Stock

The total number of existing single-family or multifamily housing units within a country’s borders or other regional classification.

Informal Housing

Informal settlements where groups of dwellings have been built on land to which the occupants have no legal claim, and which do not comply with city planning or other building regulations.

Multifamily Housing Unit

A separate housing unit contained in a building or complex with multiple other housing units. Examples include apartments/flats, condominiums, townhouses, and terraced housing.

New Housing Units

A newly constructed single-family or multifamily housing unit, excluding improvements and repairs to existing structures.

Single-Family Housing Unit

A single, detached, freestanding housing unit, typically built on a lot larger than the individual structure.

Social Housing

Affordable housing units with low, often subsidized rents. Social housing is typically owned and managed by the state and/or not-for-profit organizations and targets low-income households.

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