Real Estate Market to Grow with a CAGR of 5.23% through 2030

The real estate market is expanding due to low interest rates, increased demand for homes, economic growth, and shifting lifestyles. Urban areas, suburban growth, and remote work are driving new opportunities.

According to TechSci Research report, “Real Estate Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, The global Real Estate Market was valued at USD 4.12 Billion in 2024 and is expected to reach USD 5.58 Billion by 2030 with a CAGR of 5.23% during the forecast period. The global real estate market is a dynamic and multifaceted sector that has seen consistent growth over the past few decades. With a total value reaching trillions of dollars, real estate is one of the most significant industries worldwide, encompassing residential, commercial, and industrial properties. The market's size and scope are influenced by various factors, such as economic conditions, population growth, technological advancements, urbanization, and shifting consumer demands. The growth and expansion of cities, along with the increasing importance of real estate as an investment class, have made the sector a cornerstone of global economies. Additionally, real estate markets in emerging economies have gained significant attention due to the rapid urbanization and the expansion of the middle class in regions like Asia-Pacific, Latin America, and Africa.

The demand for real estate is fundamentally tied to demographic changes, economic growth, and evolving consumer preferences. Urbanization continues to drive the demand for residential properties in major cities, with millions migrating from rural areas to urban centers in search of better job opportunities, infrastructure, and living standards. Similarly, economic growth has played a significant role in bolstering the real estate market, as rising incomes and low-interest rates have made homeownership more attainable. However, the sector faces challenges, particularly in terms of affordability and housing supply, with rapid price increases in major cities pushing homeownership out of reach for many. The residential real estate market is the largest segment within the global real estate industry, dominating market transactions and investment activity. In recent years, the residential market has witnessed a shift in demand driven by changes in lifestyle and work patterns. The COVID-19 pandemic accelerated the trend of remote working, which significantly impacted housing preferences. People sought larger homes with space for home offices and outdoor areas, leading to a surge in suburban and rural real estate markets. In major metropolitan cities, however, high housing prices and a lack of inventory have made it more difficult for first-time buyers to enter the market, creating a strong demand for affordable housing.

Developers are responding to this shift by increasingly focusing on building homes that cater to the needs of remote workers and growing families, with larger floor plans and integrated technology such as smart home features. The demand for eco-friendly homes is also on the rise, with energy-efficient homes and sustainable designs becoming a significant focus. The millennial generation, now the largest demographic group in many markets, is placing greater emphasis on sustainable living, driving the demand for homes with green certifications and environmentally conscious construction. As these trends continue, the residential real estate market is expected to evolve, with further emphasis on flexible living arrangements and sustainable developments. Real estate continues to be an attractive investment asset class, especially for institutional investors, high-net-worth individuals, and private equity firms. One of the main drivers of investment in real estate is its ability to generate steady cash flow through rental income, as well as its potential for long-term capital appreciation. In developed markets, institutional investors are increasingly focusing on high-quality assets located in prime locations, such as office buildings in major financial centers, luxury residential properties, and logistics facilities. These assets are viewed as stable and secure investments, offering attractive yields relative to other asset classes.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Global Real Estate Market.” 

The global Real Estate Market is segmented into type, booking mode and regions. 

Based on booking mode, lease segment is one of the fastest-growing segments in the global real estate market, driven by increasing demand for flexible living and working arrangements. As businesses adapt to hybrid or remote work models, commercial leasing has surged, with companies seeking shorter-term, more adaptable office spaces. Similarly, in residential real estate, more individuals are opting for long-term leases instead of purchasing properties, especially in high-demand urban areas where affordability is a concern. The growing preference for leasing offers flexibility for both tenants and property owners, positioning it as a key growth driver in the global market.

Based on region, North America is the fastest-growing region in the global real estate market, driven by strong economic fundamentals, urbanization, and increased demand across both residential and commercial sectors. The United States and Canada are experiencing a boom in housing markets, with rising home prices, especially in cities like Toronto, New York, and Los Angeles. Additionally, commercial real estate is thriving, fueled by robust investment and a growing demand for logistics and warehousing spaces due to e-commerce growth. The region’s recovery from the pandemic and its adoption of technology in real estate transactions further accelerates growth, making North America a key player.

Major companies operating in global Real Estate Market are:

• Brookfield Asset Management Inc.
• ATC IP LLC
• Prologis, Inc.
• SIMON PROPERTY GROUP, L.P.
• Coldwell Banker
• RE/MAX, LLC
• Keller Williams Realty, Inc.
• CBRE Group, Inc.
• Sotheby’s International Realty Affiliates LLC
• Colliers

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“The global real estate market remains a vital component of the global economy, with continued growth driven by factors such as urbanization, economic expansion, and evolving consumer trends. Residential real estate continues to dominate, but the commercial and industrial sectors are also undergoing significant transformations in response to changing work habits, technological advancements, and e-commerce growth. Real estate remains an attractive investment class, with opportunities in both developed and emerging markets. However, challenges such as regulatory complexity, rising construction costs, and the need for sustainability must be addressed to ensure the continued success of the industry. “Said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Real Estate Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Residential, Commercial, Industrial, Land), By Booking Mode (Sales, Rental, Lease), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global Real Estate Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Real Estate Market.

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