Freedonia In The News

Article Title: +3.5% growth seen in global residential construction
By: Chris Sleight
Publication: International Construction, 9/18/2012
Freedonia Study: World Housing (2942)

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A new report from the Freedonia Group forecasts that residential construction will increase an average of +3.5% per year between 2011 and 2016. This is expected to take the total market to 60.5 million units per year by 2016. The strongest growth between 2011 and 2016 is expected to be in North America, at +10%. However, this will come from a very low based, following the downturn that began in 2006. As a result, the volume of 2.64 million residential units that is expected to be seen in 2016, will still be below the high of 3.14 million homes, built in 2006.
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Article Title: Demand for Worldwide Housing to Exceed 60 Million New Units by 2016
By:
Publication: Ceramic Industry, 4/9/2013
Freedonia Study: World Housing (2942)

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Demand for housing is projected to spur the construction of 60.5 million new housing units in 2016, an increase of 3.5% per annum, according to a new report from the Freedonia Group Inc.
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Article Title: World Housing to Hit 60.5M Units
By:
Publication: Durability & Design, 9/19/2012
Freedonia Study: World Housing (2942)

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Housing in developing regions generally was less affected by the global economic downturn, with a few exceptions. In those countries, ongoing rural-to-urban migration and increases in the number of households will drive construction of new housing units through 2016. Such urbanization and household formation will generate a large slice of the world’s new housing pie for the Asia/Pacific and Africa/Mideast regions, accounting for 62% and 20%, according to the study.
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