The review presents different trends and analyses concerning housing finance. It covers the overall situation and the factors hindering growth of housing finance in Pakistan. Report begins with the importance of housing for an economy. Almost 40 industries are allied with construction of houses. Further, housing statistics and state of urbanization in Pakistan have been discussed. Review covers the analysis of government policies and presents trends on disbursements, outstanding, non performing loans (NPLs) and other components of housing finance from year 2005 to 2011.