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Pakistan’s Housing Demand Has Surged: A Look from 2014 to 2024

4 June, 2025
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    Pakistan’s surge in housing demand didn’t emerge overnight. It’s been growing quietly for years, a matter that’s lingered just beneath the surface of national conversations, only to resurface now with more urgency than ever before. In 2025, the gap is staggering: more than 12 million homes are needed across the country, and the number keeps climbing. Cities are swelling as people continue to migrate for opportunities. 

     

    2014–15: The Warning Signs

    As far back as 2014–15, the rising housing demand was already a significant concern, with estimates of a need of 9 million units, urban hubs like Karachi, Islamabad and Lahore unable to keep pace with inward migration. According to the World Bank’s 2015 urbanisation report, Pakistan’s cities were stretching beyond capacity:

    “Pakistan faced an urban housing shortage of approximately 4.4 million units in 2010.”
     — World Bank, 2015

     

    The Demand in Numbers: 2025 Signals an Escalation

    According to Gulf News, over 12 million housing units are currently required across the country, Pakistan, with its population exceeding 240 million. In parallel, Bloomberg reports that remittances are projected to hit $38 billion this year. These flows present a valuable opportunity to address the housing demand—if channelled into secure, transparent real estate projects backed by trust and quality. Overseas investment, guided into credible developments, could play a defining role in reshaping Pakistan’s housing landscape.

     

    Market Momentum: Real Estate Growth Signals New Opportunities

    Pakistan’s real estate sector is witnessing extraordinary momentum. According to Statista, fresh 2025 estimates place the market’s total value at around US$2.08 trillion, with residential real estate making up a significant chunk, roughly US$1.33 trillion. But this isn’t just a momentary spike. Forecasts suggest a steady annual growth rate of 3.82% over the next four years, potentially pushing the market to US$2.41 trillion by 2029. 

    Statista also reported, “The real estate market in Pakistan is experiencing a surge in demand for luxury apartments in major cities.” This clearly indicates that demand is climbing, especially for premium apartment living in major cities, a trend driven by shifting lifestyles, rising urban wealth, and overseas investor confidence. 

    Where One Homes Comes In

    At One Homes, we recognise that urban Pakistan needs not just more housing, but better housing. Our projects are designed to meet the growing expectations of overseas Pakistanis looking for quality, comfort, and credibility. With demand peaking once again, our developments in Lahore and Islamabad reflect the future of how Pakistan lives—and how the diaspora invests.

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