Global Housing with COVID 19 Market Impact Analysis
Global construction of new housing is forecast to grow less than 1% per year through 2024 to 58.5 million units. While many countries experienced a drop in construction in 2020 due to the COVID-19 pandemic, the industry is expected to rebound by 2021 and continue expanding through 2024. Growth over the long term will be supported by rising urban population levels and historically low interest and mortgage rates in several key markets.
This report covers existing housing stock and new housing unit construction by Type and Region, as well as for 58 countries. Data are provided in units.
Housing stock and New Housing Unit demand is provided for:
Single-Family
Multifamily
Regional demand is provided for:
North America
Central & South America
Western Europe
Asia/Pacific
Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global housing market including key trends in housing stock and new housing unit construction by type. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Year by year historical market volatility is also addressed. Data are provided in units.
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