Housing market

Global Housing Industry Report 2023: Construction of New Housing is Forecast to Advance 2.1% per Year through 2028 Following a Decline in 2023 vs 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 8, 2024
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Although such conditions are expected to moderate in many countries, housing affordability will remain a major hurdle in new housing construction.

Key Points: 
  • Although such conditions are expected to moderate in many countries, housing affordability will remain a major hurdle in new housing construction.
  • Global construction of new housing is forecast to advance 2.1% per year through 2028 to 62.0 million units.
  • Multifamily housing units are contained in a building or complex along with other multifamily units (e.g., apartments, condominiums, townhouses).
  • Single-family dwellings accounted for 62% of the global housing stock in 2023 and are the most prevalent type of housing in rural areas.

Canadians anxious about homebuying, unpredictable market and affordability: mortgage survey

Retrieved on: 
Tuesday, March 7, 2023
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TORONTO, March 7, 2023 /CNW/ - Today, Mortgage Professionals Canada (MPC) released its latest State of the Housing Market report: 2022 Year-End Consumer Survey and Outlook.

Key Points: 
  • TORONTO, March 7, 2023 /CNW/ - Today, Mortgage Professionals Canada (MPC) released its latest State of the Housing Market report: 2022 Year-End Consumer Survey and Outlook.
  • All of this has led to far more Canadians who are anxious about inflation and their family's finances, which was close to 60 percent at the end of 2022.
  • The findings also reveal that many Canadians continue to be unfamiliar with what a mortgage broker does and how they work.
  • 47% of Canadians say a rate increase of up to 20% would cause them to experience mortgage payment difficulties.