World Housing

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World Housing
One-Stop Shop for Business Information
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Summary
Majority of new housing to be in developing
regionsThrough 2017, more than 80 percent of
new housing construction is projected to take
place in the Asia/Pacific and Africa/Mideast
regions. Developing economies in both regions and
above-average population growth in the
Africa/Mideast region will spur demand for new
units. While the Asia/Pacific region will spur
the most new housing units, the pace of housing
construction is expected to decelerate from that
of the 2007-2012 period because of weaker growth
in China. Nevertheless, China will still have the
worlds largest housing stock and is forecast to
remain the worlds largest market for new housing
units through 2017.
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While developing regions will be the largest
markets for new housing construction through
2017, North America and Western Europe are
expected to have the fastest growth in
construction of new units. Many countries in
these regions, including the US, Spain, and
Italy, are forecast to post double-digit annual
increases in new housing construction from
depressed 2012 levels. Despite the rapid gains,
new housing construction in 2017 in both North
America and Western Europe will remain below 2007
levels.  World housing stock to reach 2.2 billion
units by 2017 The global housing stock was nearly
two billion units in 2012 and is projected to
grow to 2.2 billion units in 2017. The
Africa/Mideast region will experience the fastest
overall rate of growth in its regional housing
stock, spurred by the regions population growth.
Nevertheless, the Asia/Pacific region is expected
to continue to account for over one-half of the
global housing stock through 2017.
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Construction of multifamily units to grow
fastest Worldwide, multifamily units are
forecast to exhibit faster gains in new
construction than will single-family units
through 2017. Increasing urbanization in
many developing countries will drive this trend.
In the Asia/Pacific region, construction of
multifamily units is expected to rise over one
and one-half times the growth rate in
single-family home construction through 2017.
Nevertheless, in both that region and the world
overall, new single-family housing units will
continue to account for the majority of new
housing units. 
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Table of Contents

• 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 11
• Urban Population 13
• Households 15
• Per Capita GDP 18
• World Residential Building Construction
  Expenditures 20

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Related Reports

• Single-Family Housing Construction in Hong Kong
  to 2017 Market Databook
• Multi-Family Housing Construction in Hong Kong to
  2017 Market Databook
• Multi-Family Housing Construction in Singapore to
  2017 Market Databook
• Single-Family Housing Construction in Singapore
  to 2017 Market Databook
• Single-Family Housing Construction in Austria to
  2017 Market Databook

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