Affordable Housing Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028

  • Published: Apr 2025
  • Pages: 160

Affordable Housing Market Overview 2024-2028

The affordable housing market analysis report offers an in-depth examination of the market size and growth trajectory in North America, Europe, APAC, South America, Middle East, and Africa, focusing on the US, UK, France, Germany, and China from 2024 to 2028. This comprehensive study encompasses market size, share, trends, growth drivers, challenges, and opportunities across various segments and regions of this residential housing market.

Market Report Insights

The affordable housing market is increasingly focused on providing affordable housing options to meet the growing demand caused by the ongoing housing affordability crisis. Governments and nonprofit organizations are expanding low-income housing programs to support families in need, with affordable homes for sale and affordable rental properties being central to these efforts. Many areas are seeing the development of new affordable housing developments, designed to provide safe, quality living spaces at lower costs. To further assist prospective buyers, first-time homebuyer grants and government housing assistance are available to ease the burden of rising housing costs. Additionally, housing cost reduction strategies, such as tax incentives and subsidies, are being implemented to make homes more accessible. For many seeking affordable living options, searching for “cheap housing near me” is becoming more common as communities strive to address housing shortages and ensure that more individuals can secure a place to call home.

Market Segmentation

Type

  • Single-family homes
  • Multifamily apartments
  • Manufactured housing

Geography

  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

The affordable housing market is segmented into three categories: single-family homes, multifamily apartments, and manufactured housing. Single-family homes are further divided into attached and detached units, while multifamily apartments are classified as low-rise and high-rise structures. Each segment presents unique growth opportunities and challenges.

Regional Analysis

The affordable housing market is analyzed across North America, Europe, APAC, South America, Middle East, and Africa. Each region offers distinct growth opportunities and challenges, with unique regulatory environments and demographic trends shaping the market dynamics.

Market Dynamics

Drivers:
- Increasing demand for affordable housing solutions due to urbanization and population growth
- Government initiatives to address housing affordability issues

Trends:
- Technological advancements in construction materials and methods
- Growing popularity of co-living spaces and shared housing arrangements

Opportunities:
- Expansion of the market in emerging economies
- Increasing focus on energy efficiency and sustainability in affordable housing

Company Analysis

This market research report includes detailed analyses of the competitive landscape of the market and information on key companies such as:

  • KB Home
  • Lennar Corporation
  • PulteGroup, Inc.
  • Toll Brothers
  • Habitat for Humanity
  • M/I Homes, Inc.
  • D.R. Horton, Inc.
  • The Related Group
  • Enterprise Community Partners
  • Brookfield Residential Properties
  • Clayton Homes
  • Consolidated-Tomoka Land Co.
  • Steadfast Companies
  • AvalonBay Communities, Inc.

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Market Report Highlights

Base Year

      2023

Forecast Period

      2024-2028

Market Size

      USD X.XX Billion*

Market Growth

      X.XX%*

Type

  • Single-family homes
  • Multifamily apartments
  • Manufactured housing

Regional Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa

Key Companies Profiled

  • KB Home
  • Lennar Corporation
  • PulteGroup, Inc.
  • Toll Brothers
  • Habitat for Humanity
  • M/I Homes, Inc.
  • D.R. Horton, Inc.
  • The Related Group
  • Enterprise Community Partners
  • Brookfield Residential Properties
  • Clayton Homes
  • Consolidated-Tomoka Land Co.
  • Steadfast Companies
  • AvalonBay Communities, Inc.
  • Others

*Complete data available upon purchase of full report

FAQs

1. What is the size of the affordable housing market in Europe?
Answer: The report provides the market size and growth trends for the affordable housing market in Europe from 2024 to 2028.

2. Who are the major players in the affordable housing market?
Answer: Major players in the affordable housing market include Lennar Corporation, PulteGroup, and Brookfield Asset Management.

3. What are the growth drivers for the affordable housing market?
Answer: The affordable housing market is driven by increasing demand for affordable housing solutions due to urbanization and population growth, and government initiatives to address housing affordability issues.

4. What are the challenges faced by the affordable housing market?
Answer: The affordable housing market faces challenges such as limited funding for affordable housing projects and regulatory hurdles.

5. What is the segmentation of the affordable housing market based on housing type?
Answer: The affordable housing market is segmented into single-family homes, multifamily apartments, and manufactured housing.

6. What are the applications of affordable housing?
Answer: Affordable housing is primarily intended for individuals and families with limited financial resources, providing them with safe and affordable living spaces.

Table of Contents

1. Executive Summary

2. Market Landscape

3. Market Sizing

  • 3.1 Market definition
  • 3.2 Market segment analysis
  • 3.3 Market size 2023
  • 3.4 Market outlook: Forecast for 2024-2028

4. Historic Market Size

  • 4.1 Global market 2018 - 2022
  • 4.2 Type Segment Analysis 2018 - 2022
  • 4.3 Application Segment Analysis 2018 - 2022
  • 4.4 Geography Segment Analysis 2018 - 2022
  • 4.5 Country Segment Analysis 2018 - 2022

5. Five Forces Analysis

  • 5.1 Five forces summary
  • 5.2 Bargaining power of buyers
  • 5.3 Bargaining power of suppliers
  • 5.4 Threat of new entrants
  • 5.5 Threat of substitutes
  • 5.6 Threat of rivalry
  • 5.7 Market condition

6. Market Segmentation by Product Type

  • 6.1 Market segments
  • 6.2 Comparison by Product Type
  • 6.3 Market opportunity by Product Type

7. Market Segmentation by Application

  • 7.1 Market segments
  • 7.2 Comparison by Application
  • 7.3 Market opportunity by Application

8. Customer Landscape

  • 8.1 Customer landscape overview

9. Geographic Landscape

  • 9.1 Geographic segmentation
  • 9.2 Geographic comparison
  • 9.3 North America - Market size and forecast 2023-2028
  • 9.4 Europe - Market size and forecast 2023-2028
  • 9.5 APAC - Market size and forecast 2023-2028
  • 9.6 South America - Market size and forecast 2023-2028
  • 9.7 Middle East and Africa - Market size and forecast 2023-2028

10. Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
  • 10.4 Market trends

11. Company Landscape

  • 11.1 Overview
  • 11.2 Company landscape
  • 11.3 Landscape disruption
  • 11.4 Industry risks

12. Company Analysis

  • 12.1 Companies covered
  • 12.2 Market positioning of companies

13. Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
  • 13.3 Currency conversion rates for US$
  • 13.4 Research methodology
  • 13.5 List of abbreviations

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Affordable Housing Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028
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