Homes

WHAT'S NEXT?: The number of smart homes is expected to grow further and by 2020 it is expected 46.2 million homes in the US and 44.9 million in Europe will be classed as smart homes. By 2022 there could be nearly 500 smart devices that can be connected to a smart home.

[New] Traditional linear advertising sales (broadcast TV and radio, newspaper and magazine ad pages, out-of-home), will decrease by -3% to $290bn while digital advertising sales will continue to grow double-digits, although it will mature compared to 2018: +14% this year compared to +19% last year.
[New] Storms and sea level rises linked to climate change could lead to further flooding and could impact 2.5 million UK homes by 2050.
[New] The initial appeal of smart speakers, smart displays, voice-controlled lights is obvious, and according to Strategy Analytics, growth in the smart speaker segment alone is expected to grow 57% by the end of 2019.
[New] UK retailers should expect a record Black Friday this year and shoppers plan to cut back on non-essential Christmas expenditure.
[New] The number of smart homes in the U.S. is expected to hit 28% of total households by 2021.
[New] The home automation system market is expected to reach USD 79.57 Billion by 2022, at a CAGR of 11.3% during the forecast period between 2017 and 2022.
[New] Twothirds of all states are currently home to one or more utilityscale solar projects, and the utility-scale market will continue to lead U.S. solar growth for at least another six years.
[New] Without steep pollution reductions, climate change will risk tens of thousands of U.S. lives every year by the end of the century.
Despite recent improvements in the Perth housing market, do not expect prices to soar in the next few years.
U.S. home sales increased more than expected in October and house prices rose at the fastest pace in more than two years amid lower mortgage rates and a shortage of properties for sale.
Some studies have predicted that by 2100, climate change could force from their homes more than 23 million people in China; 2.8 million people in Indonesia; 2.1 million people in Bangladesh; and ten million people in Vietnam.
Despite being home to 17% of the world's population, Africa currently accounts for just 4% of global power supply investment: Achieving reliable electricity supply for all would require an almost fourfold increase, to around $120 billion a year through 2040.
National Grid stopped processing applications for new gas service earlier this year, indicating that it could not serve commercial, residential and multi-family units without additional infrastructure to bring more supply into New York City.
The number of US cord-cutter households will climb more than 19% this year to 21.9 million, reducing the number of pay TV households to 86.5 million.
Household consumption is accelerating in Denmark and will be one of the most important economic drivers as overall growth slows.
Over the remainder of the forecast period, demand growth is expected to outstrip the subdued pace of supply growth, which is restrained to some extent by the adjustment to new trading arrangements with the EU.
Perth house and unit prices are expected to bottom out in spring, to be unchanged over the six months to December 2019: At the end of 2019 the median house price is forecast to be about $520,000, about 15 per cent below the 2014 peak, and the median unit price $330,000.
We forecast Brisbane house and unit prices to bottom out, with house prices expected to increase by one per cent and unit prices to be unchanged: House prices are then expected to grow by 3 to 5 per cent and units by zero to 2 per cent in 2020.
Sydney is experiencing the biggest correction in nominal house prices since the 1980s, but we forecast that price falls will end later this year, with house and unit prices increasing by 2 per cent over the next six months.
Substantial progress in reducing greenhouse gas emissions from homes will need to be made in the next few years in order to have a good chance of meeting the UK's existing 2050 target.
Smart technology is taking the world by storm, with up to 40.5% of households in the USA expected to embrace smart technology by 2021.
The greatest food challenges will come from countries in the world's tropical zone, currently home to half the world's population.
UK house prices are forecast to rise by an average of 15.3% over the next five years, with significant variation between regions, and between the prime and mainstream markets, particularly in London.

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Last updated: 07 December 2019