La Rioja was the Spanish region where the pandemic impact on real estate prices was higher compared to the previous year, with a decrease of almost 16% in the last quarter of 2020. The only place in Spain where there was an increase in comparison with the pre-pandemic data was in the autonomous city of Melilla.

Residential real estate transactions saw both a decline as well as an increase during the coronavirus pandemic in 2020, depending on the country. In Denmark, for example, property sales increased by over seven percent year-on-year in the second quarter of 2020. This was in stark contrast to the United Kingdom, where provisional and non-seasonal data suggested the country saw one of its largest drops in housing transactions since 2009. Some countries, on the other hand, already witnessed a decrease in their transactions before COVID-19 hit Europe. The housing trade inFrance, for example, suffered a large decrease in the first quarter of 2020, right before quarantine measures were enforced. Data for Germany, on the other hand, suggested that its housing market was still growing before the lockdown. Whether this was still the case in 2020 remains to be seen.

According to a survey from March 2020, 18 percent of Danes feared decreasing housing prices due to the coronavirus outbreak. In comparison, 57 percent of the respondents were not worried about this topic.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

The number of home sales in the United States peaked in 2021 at almost seven million after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to 4.8 million. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

The number of U.S. home sales in the United States declined in 2023, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2023, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes are expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Only 15 percent of U.S. renters could afford to become homeowners and in metros with highly competitive housing markets such as Los Angeles, CA, and Urban Honolulu, HI, this share was below five percent. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 387,000 U.S. dollars in 2023 and was forecast to increase slightly until 2025. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

The data in this paper are divided into two main sections, which are data on the housing market and data on epidemic case information. The time span of the data sample is from December 1, 2019 to April 26, 2020.The original data of the housing market aspect such as the second-hand house price index in Wuhan and the surrounding provincial capital cities were obtained from Chain Home and Baidu Maps. Among them, there are 53,541 valid records of residential transactions in second-hand neighborhoods, with a final total of 347,720 after data cleaning (5582 in Wuhan; 5710 in Hefei; 7988 in Xi'an; 2066 in Changsha; 5910 in Zhengzhou; and 7464 in Chongqing).

High inflation rates of the Russian ruble, subsequent to the COVID-19 expansion and the cruide oil price drop, promoted a high demand on residential real estate. As a result, an increase in housing prices was recorded in most major cities of the country. After a 1.5 percent growth in March 2020, Moscow led the list with the highest average price for residential real estate, measuring at 211.5 thousand Russian rubles per square meter.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

The size and share of the market is categorized based on Application (Energy Management & Climate Control System, Healthcare System, Home Entertainment System, Lighting Control System, Access Control System, Safety and Security) and Product (Wi-Fi, Bluetooth, Cellular Connectivity Technologies) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2020, 30 percent of U.S. homeowners who bought during the COVID-19 pandemic said that due to financial reasons they should've waited to purchase home. On the other hand, about 43 percent of Americans stated that they made the right decision to become a homeowner during the coronavirus pandemic.

According to Cognitive Market Research, the global Tiny House market size will be USD 5814.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2325.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1744.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1337.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 290.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 116.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
The Mobile Tiny Homes is the fastest growing segment of the Tiny House industry

Market Dynamics of Tiny House Market

Key Drivers for Tiny House Market

Increasing Affordability to Boost Market Growth

Tiny houses provide a more affordable housing solution compared to conventional houses, mainly in high-price markets. Their smaller size leads to decreased construction and upkeep expenses, making homeownership accessible for people and households on tight budgets. The minimalist lifestyle related to tiny dwellings encourages financial freedom, permitting house owners to allocate their budget towards stories or financial savings as opposed to mortgage bills. Additionally, many tiny house designs include sustainable materials and energy-green features, further decreasing long-term charges. As the housing market continues to push upward, tiny homes are a realistic choice for the ones looking for low-priced and sustainable dwellings.

Expansion of Sustainability to Drive Market Growth

The tiny house motion embodies a commitment to environmental sustainability, addressing growing worries about resource intake and carbon footprints. Tiny houses usually utilize green materials, which include reclaimed timber and recycled merchandise, minimizing waste all through creation. Their smaller length inherently reduces power consumption, with many designs incorporating energy-efficient features like sun panels, composting toilets, and awesome insulation. Additionally, many tiny houses promote off-grid dwellings, enabling homeowners to depend on renewable strength sources and decrease dependency on conventional utilities. By prioritizing sustainable practices, the tiny house movement now not only fosters an easier way of life but also encourages a healthier planet for future generations.

Restraint Factor for the Tiny House Market

Regulatory Challenges, will Limit Market Growth

Tiny homes face substantial regulatory challenges due to varying building codes and zoning policies across jurisdictions. These discrepancies can complicate the allowing technique, making it difficult for potential proprietors to set up their houses legally. In a few regions, tiny houses on wheels can be categorized as recreational cars rather than permanent dwellings, restricting where they may be parked or inhabited. Additionally, certain municipalities may mandate that tiny houses be placed on everlasting foundations, similarly complicating their production. These regulatory hurdles can discourage individuals from embracing the tiny house motion, highlighting the need for updated guidelines that assist opportunity housing solutions.

Impact of Covid-19 on the Tiny House Market

The COVID-19 pandemic drastically impacted the tiny house marketplace, using a surge in interest as people sought low-priced, flexible housing answers amidst financial uncertainty. With faraway paintings turning into more ordinary, many people started to prioritize a minimalist lifestyle, mainly due to multiplied calls for tiny homes. Additionally, the choice for self-sufficiency and stale-grid dwelling received traction, encouraging extra customers to explore sustainable housing alternatives. However, deliver chain disruptions affected creation timelines and fabric availability, posing challenges for developer...

According to Cognitive Market Research, the global tiny home market size is USD 815.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 21.20% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 326.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 244.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 187.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 40.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 16.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.9% from 2024 to 2031.
The mobile tiny homes held the highest tiny home market revenue share in 2024.

Market Dynamics of Tiny Homes Market

Key Drivers of Tiny Homes Market

Rising Affordability to Increase the Demand Globally

For those looking for economical housing options, tiny homes are a compelling choice. They usually have a far cheaper price tag than regular homes, which makes them especially appealing to young people, those with student loan debt, and anyone looking to reduce their housing costs. Tiny homes' affordability creates opportunities for financial independence and flexibility, freeing up funds for other vital aspects of a person's life. For those who choose this alternative housing option, the lower financial load can also relieve stress and offer a sense of security, promoting a more meaningful and sustainable lifestyle.

Growing Sustainability to Propel Market Growth

The environmentally friendly attributes of tiny homes make them the perfect representation of sustainability. By incorporating features like solar panels and water-saving fixtures, they increase efficiency while reducing their negative effects on the environment. Tiny homes require less building materials due to their reduced footprint, which lowers resource consumption and waste production. Furthermore, because of their small size, they demand less energy for heating and cooling, which reduces the need for fossil fuels and reduces carbon emissions. Tiny homes provide a practical way to solve environmental issues by adopting sustainable techniques in every aspect of life, from building to daily living. In addition to helping the environment by lowering pollution and preserving resources, this eco-friendly strategy encourages people who are dedicated to sustainable living practices to lead more responsible and thoughtful lives.

Restraint Factors Of Tiny Homes Market

Lack of Awareness to Limit the Sales

The idea of compact homes is still not widely known in many developing nations. This lack of familiarity is a result of various factors, including housing policies, cultural norms, and prevailing economic realities. Conventional house models frequently predominate, and there might be an idea that larger dwellings are a symbol of success or prestige. A further barrier to knowledge is the lack of tools and information regarding alternate housing possibilities. To overcome this obstacle, focused education campaigns that emphasize the cost, sustainability, and adaptability of tiny homes are needed. Tiny homes may become more widely accepted as a practical housing choice in developing nations by including local communities, legislators, and stakeholders in conversations about creative housing solutions.

Impact of Covid-19 on the Tiny home Market

The market for tiny dwellings has been affected by the COVID-19 pandemic in a variety of ways. On the one hand, people looking for financial stability and flexibility are becoming more interested in affordable housing options as a result of the economic slump, which is increasing the market for tiny homes. Demand has also increased as a result of some people being inspired to look into movable or smaller living arrangements by the shift towards remote employment. The availability of labor and supplies has been limited due to supply chain interruptions and construction d...

Chile Real Estate Market: National: Sales: Total data was reported at 3,008.000 Unit in Sep 2024. This records a decrease from the previous number of 3,153.000 Unit for Aug 2024. Chile Real Estate Market: National: Sales: Total data is updated monthly, averaging 4,748.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 8,703.000 Unit in Aug 2015 and a record low of 2,169.000 Unit in Apr 2020. Chile Real Estate Market: National: Sales: Total data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales. [COVID-19-IMPACT]

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

One of the expected impacts of the coronavirus (COVID-19) that brought the world to a halt in the first quarter of 2020 is the disruption to normal business activities and supply chains. The effect spreads through various industries and with the assumption of a six-month delay in construction activities, the forecast suggests property completions planned for 2020 in cities in the United Kingdom (UK) could decrease by more than one third, leading up to more completions in 2021 than originally planned. For more information on the Statista coverage of the coronavirus in the UK, see our report.

Replication code for the analysis and figures in the paper

Brazil Residential Real Estate Market Report is Segmented by Type (Villas and Landed Houses and Apartments and Condominiums). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

City staff and community partners work together to survey people experiencing homelessness in Ottawa. So far, the City has led two counts:April 2018October 2021The survey is conducted to gather information about people experiencing homelessness. The goal of this work is to guide new approaches to address homelessness at a local level and help in the planning and delivery of services.Date created: 28 April 2022Update frequency: As needed.Accuracy: Convenience sampling was used to recruit survey respondents. This method of recruiting respondents to answer the survey does not rely on a random selection process. Instead, surveyors approach potential respondents if they are close by at the time the surveyor is delivering the questionnaire. Many factors could determine participation in the survey including:Number of community partners involved in the PiT countLocation of surveyors and their physical proximity to potential respondentsNumber of engagement eventsSeason the survey was conductedDifferences in results between PiT count years may be due to changes within the homeless population and shifts in methodology. For comparisons of emergency shelter use over time, visit the Temporary Emergency Accommodations Dashboard. An analysis of factors related to housing and homelessness during COVID-19 provides context for unique housing market conditions during the pandemic.Results shown in the Survey results: Point-in-Time count dashboard are presented by sector. The name and definition of each sector are below:All: All respondents who answered the surveySingle adult: Respondents aged 25 years or older and not accompanied by anyoneUnaccompanied youth: Respondents under 25 years old and not accompanied by anyoneFamily: Respondents accompanied by children under 18 years oldAttributes:Question: The question that was asked in the surveyTopic: The classification of the survey question by themSector: Refers to the population (total, family, unaccompanied youth, single adults)Period: Month the Point-in-Time count was conductedResponse: Response category of the survey questionNumeratorDenominatorPercentage Author: Housing ServicesAuthor email: pitcount_denombrementponctuel@ottawa.ca

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

According to Cognitive Market Research, the global Container Homes market size will be USD 62514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 25005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 18754.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 14378.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 3125.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1250.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Sustainable, eco-friendly designs and modular units category is the fastest growing segment of the Container Homes industry

Market Dynamics of Container Homes Market

Key Drivers for Container Homes Market

Container homes offer cost-effective alternatives to traditional housing options to Boost Market Growth

The market for container homes has seen significant growth, driven by various key factors and influenced by some restraints. Container homes offer an affordable housing solution compared to traditional homes, which is one of the most significant drivers. Cost savings are due to using recycled shipping containers, which reduces material costs. This makes it an attractive option for individuals seeking affordable housing or countries with limited access to traditional construction materials. Despite the benefits, container homes often face regulatory hurdles due to building codes and zoning laws. Many regions still have restrictive rules that make it difficult to build container homes without significant modifications or approvals. These legal barriers can slow the growth of the market. The container home market is experiencing growth due to its cost-effectiveness, sustainability, and quick construction times, making it an attractive alternative to traditional housing. However, it faces regulatory hurdles, financing difficulties, and climate control concerns, which could slow down its wider adoption.

Recycled materials and minimal environmental impact attract eco-conscious consumers

The growing demand for recycled materials is driven by increasing consumer awareness of environmental sustainability. Eco-conscious consumers prefer products that reduce waste and promote a circular economy. The minimal environmental impact of recycled materials aligns with efforts to reduce carbon footprints and conserve natural resources. As industries adopt greener practices, eco-friendly alternatives, such as recycled plastics, metals, and paper, attract environmentally-conscious buyers, influencing product choices and enhancing market growth for sustainable goods.

Restraint Factor for the Container Homes Market

Container homes require significant upfront investment for construction

The substantial initial outlay needed for the building is a major barrier to the market for container homes. This covers the price of buying and modifying containers, obtaining licenses, and ensuring that construction codes are followed. The cost may also be increased by expenditures for plumbing, electrical, finishing, and insulation. Although container homes can save money over time, the high initial cost may put off prospective investors or buyers, preventing the industry from expanding widely.

Impact of Covid-19 on the Container Homes Market

The COVID-19 pandemic significantly impacted the container homes market by increasing demand for affordable, flexible, and autonomous housing solutions. Lockdowns and remote work trends prompted a shift towards alternative living options. Container homes, offering mobility, low construction costs, and environmental sustainability, became appealing. However, supply chain disruptions and labor shortages initially hindered production. As the economy recovers, container homes continue to gain traction as a solution for hous...

US & Canada Multifamily Residential Property Management Software Market size was valued at USD 2170.06 Million in 2024 and is projected to reach USD 3588.75 Million by 2031, growing at a CAGR of 6.49% from 2024 to 2031.

What is Multifamily Residential Property Management Software?

Property management software helps manage day-to-day operations including tenant and lease tracking, building maintenance, and accounting. The software provides a centralized platform to view all properties and also enables oversight of other property-related operations such as maintenance tasks and handling tenant requests. The U.S & Canada Multifamily Residential Property Management Software Market is expected to witness incremental owing to growth in demand for properties from tenants due to escalating urbanization and population density in the region.
Among other uses, it primarily offers online document storage and sharing, electronic lease agreements, financial reporting, online maintenance and tracking requests, accounting options, and integrated banking. In recent years, property management software solutions have moved from manual to automated management solutions. Automated property management solutions have improved the property management software system, reducing human error and allowing property managers to efficiently allocate work tasks to avoid operational interruptions. Automated property management software helps reduce the time it takes to respond to tenant or owner complaints.

The COVID-19 pandemic hit the property management industry due to the coronavirus pandemic, significant players in this market have faced unprecedented challenges due to halted new property constructions, slower movement of tenants changing apartments, and others. However, the market has rebooted post-covid-19 due to the rapid pace of residential building completion. Growing disposable income, and changing consumer technology, among others, are expected to drive investment in the commercial sector, thereby fuelling the growth of the U.S & Canada Multifamily Residential Property Management Software Market.