Worldwide construction of new housing units is forecast to increase 3.0 percent annually to 2.3 billion units in 2019. North America and Western Europe will see the fastest growth from a depressed 2014 base. On a global basis, new construction of multifamily units will outpace single-family units.This study analyzes the 2.1 billion unit world housing industry. It presents historical housing stock and new housing unit data (2004, 2009 and 2014) and forecasts (2019 and 2024) by type (single-family, multifamily) in six world regions and 22 major countries. The study also considers economic trends, demographics, and other market factors.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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