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

Market Overview

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 market is anticipated to grow steadily during the forecast period, driven by population growth and the increasing demand for personal household space. Additionally, the rise of the internet has heightened consumer awareness of online real estate services. To capture market share, key players are offering a variety of services, such as live-streaming rooms. For example, Alibaba reports that over 5,000 real estate agents from nearly 100 locations in China have adopted live-streaming rooms, enabling homebuyers to explore properties and complete transactions from the comfort of their homes.

Asia Pacific's GDP growth is projected to reach 4.1% in 2025, slightly up from 3.9% in 2024. Economic growth drivers will differ across markets, including an increase in migrant workers in Australia, a boost in visitor arrivals in Japan, and higher government spending in India. CBRE’s 2025 Asia Pacific Investor Intentions Survey revealed a positive shift in real estate investment sentiment, with net buying intentions rising from 5% in 2024 to 13% in 2025. Participants cited interest rate cuts and asset repricing as key factors driving their increased real estate allocations. With improved buying sentiment, CBRE predicts a 5-10% year-on-year rise in investment volume in 2025, fueled by growth in markets such as Singapore, Korea, Australia, and Hong Kong SAR, along with sustained investor interest in Japan and India.

Market Drivers

Urbanization and Population Growth

Urbanization is one of the primary drivers of the global real estate market. Over the past few decades, the world has seen a significant migration of people from rural areas to urban centers in search of better job opportunities, higher living standards, and access to modern amenities. According to the United Nations, nearly 56% of the world’s population lived in urban areas in 2020, and this number is expected to increase to 68% by 2050. This ongoing trend has led to a steady rise in demand for residential, commercial, and industrial properties in cities across the globe. As more people settle in urban areas, the need for housing, office spaces, shopping centers, and infrastructure development has surged. Cities such as New York, London, and Tokyo have seen the construction of new residential complexes and commercial developments to accommodate the growing population. In 2024, Realty firm Signature Global Ltd launched housing projects worth approximately USD 6 billion in Delhi-NCR over the next three years, driven by strong consumer demand. The company, which sold properties worth USD 870 million last fiscal, is targeting USD 1.2 billion (Rs 10,000 crore) in sales this fiscal. The company is also exploring opportunities in Noida, Greater Noida, and Yamuna Expressway.

Economic Growth and Affordability

Economic growth is another critical driver of the real estate market. When economies are growing, people’s incomes typically rise, leading to increased purchasing power, which translates into a higher demand for both residential and commercial real estate. Growing economies also attract foreign investment, which can stimulate the construction of new properties and the expansion of infrastructure. In countries experiencing steady GDP growth, such as India and China, urban real estate development is booming as the middle class grows, and more people can afford homes. Lower interest rates, coupled with an improving economy, make homeownership more accessible, increasing demand for housing. In turn, the commercial sector sees growth as businesses expand, requiring office spaces, retail outlets, and warehouses. Conversely, when the economy slows down, the real estate market can be negatively impacted, as people may become less confident in making large investments like buying homes or commercial properties. This underscores the close relationship between economic conditions and the performance of the real estate sector.

Technological Advancements and Digital Transformation

Technological advancements have significantly impacted the real estate market in recent years. From the way properties are bought and sold to the development and construction process, technology has played a transformative role. The rise of real estate technology (proptech) has simplified processes for buyers, sellers, investors, and developers alike. Online platforms and virtual tours have made property search more accessible, especially for international buyers, without needing to visit in person. Moreover, advancements in construction technology have led to more efficient building processes, reduced costs, and higher-quality developments. For example, the use of 3D printing in construction and the integration of artificial intelligence for better property management are creating new opportunities within the sector. These innovations make it easier to address growing housing demands more efficiently, leading to accelerated growth in the global real estate market.  The official launch of the Egyptian Government Real Estate Platform, under the patronage of Eng. Sherif Al-Sharbin, Minister of Housing, and Dr. Amr Talaat, Minister of Communication and Information Technology, was announced in Cairo in 2025. The platform, supported by the Multiple Listing Service (MLS) system, aims to enhance transparency, efficiency, and credibility in Egypt's real estate market. It provides a unified center for all market players, including agents, developers, financial institutions, and government entities. This initiative will organize the real estate market, support national and foreign investment, and improve Egypt’s global position in real estate. Additionally, the Ministry of Housing is working on a strategy to promote Egyptian real estate abroad, boosting foreign investments and offering opportunities for Egyptians overseas. 

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Key Market Challenges

Affordability and Housing Supply

One of the most significant challenges in the global real estate market is the affordability of housing, especially in major urban centers. As cities grow, the demand for housing continues to rise, but the supply struggles to keep pace. This results in skyrocketing property prices, making homeownership out of reach for many people, particularly first-time buyers and lower-income households. In cities like New York, London, and Sydney, the cost of purchasing a home has soared over the years, making it increasingly difficult for average families to afford adequate housing. Developers, especially in high-demand areas, are often inclined to build luxury apartments or commercial spaces, where the profit margins are higher, rather than focusing on affordable housing options. This exacerbates the housing crisis, leaving many individuals and families in need of affordable homes without options. Governments have attempted to address this challenge by implementing policies such as rent controls, subsidies, and the promotion of affordable housing developments. However, these efforts often fall short of meeting the ever-growing demand, and in many cases, they don’t address the underlying issues that prevent builders from delivering more affordable housing. The imbalance between supply and demand continues to strain the real estate market, especially as population growth in cities accelerates. As housing affordability remains an ongoing concern, it presents a long-term challenge for both urban planners and developers worldwide.

Regulatory and Policy Uncertainty

Regulatory challenges and shifting policy landscapes are significant obstacles for the global real estate market. Real estate is highly sensitive to government policies, such as zoning laws, land-use regulations, and tax incentives. These regulations vary greatly from country to country, and even within different regions of the same country, adding a level of uncertainty that can hinder investment and development. In some countries, strict regulations on land use and construction permits can delay the development process, increasing costs and uncertainty for developers. For example, restrictions on building heights, design aesthetics, or the preservation of historical sites can make it difficult for developers to meet demand in growing cities. Furthermore, political instability in certain regions can lead to abrupt changes in regulations or land ownership laws, creating a challenging environment for real estate investment. In addition, tax policies such as property taxes, capital gains taxes, and stamp duties can discourage investment and reduce overall market liquidity. For instance, when governments introduce higher taxes or impose restrictions on foreign investment, it can reduce the demand for property and negatively impact the real estate market. Moreover, regulatory frameworks are often slow to adapt to changes in the market, such as the growing demand for sustainable or "green" buildings. This lack of adaptability can restrict the development of properties that meet modern sustainability standards, which could otherwise help tackle environmental challenges while offering new opportunities in the real estate sector.

Key Market Trends

Rise of Remote Work and Suburban Growth

One of the most transformative trends in the global real estate market in recent years has been the shift toward remote work, accelerated by the COVID-19 pandemic. As businesses around the world transitioned to remote work models, employees no longer needed to live in close proximity to their offices. This shift has led to an increased demand for homes in suburban and rural areas, where space is more abundant and prices are often lower than in densely packed urban centers. The trend toward remote work has caused many individuals and families to reconsider their living arrangements. Instead of renting or purchasing apartments in crowded city centers, people are opting for larger homes in suburban neighborhoods, where they can enjoy more space, both indoors and outdoors. The rise of flexible work arrangements has made commuting less of a necessity, allowing people to prioritize lifestyle factors like affordability, tranquility, and access to nature.  As a result, suburban and exurban real estate markets are seeing significant growth. Homebuyers and renters are increasingly looking for properties with larger square footage, home offices, and outdoor spaces like gardens or yards. This trend has also led to a reimagining of what “home” means, with more people valuing work-life balance and the ability to personalize their living environments.

Sustainability and Green Building Initiatives

Sustainability has become a dominant trend in the global real estate market, with increasing demand for environmentally friendly, energy-efficient buildings. As concerns over climate change grow, both consumers and developers are recognizing the importance of sustainable construction practices. Governments around the world are tightening environmental regulations, and buyers are becoming more conscious of their carbon footprints, demanding homes and commercial spaces that align with eco-friendly values. Green building initiatives focus on reducing the environmental impact of construction and operation. This includes using sustainable materials, incorporating energy-efficient systems (such as solar panels, smart heating/cooling systems, and LED lighting), and reducing water consumption. Buildings that meet green building standards—such as LEED (Leadership in Energy and Environmental Design) certification are increasingly in demand. These buildings offer long-term benefits for both the environment and property owners, including lower utility costs, improved air quality, and higher marketability. Moreover, sustainability is not just about reducing the environmental impact; it’s also tied to health and wellness. Features such as improved indoor air quality, natural light, and access to green spaces are becoming integral to modern real estate development. This trend is especially visible in the residential sector, where consumers are looking for homes that promote better quality of life through healthier, more energy-efficient environments.

Digitalization and Proptech Innovations

Technology is reshaping the real estate sector, with innovations in digitalization and property technology (proptech) significantly influencing how the market operates. Proptech encompasses a wide range of technologies that improve the way real estate is bought, sold, managed, and financed. These innovations are making the real estate process more efficient, transparent, and accessible, fundamentally transforming the industry. One of the most notable trends is the rise of online platforms for buying, selling, and renting properties. Virtual tours, AI-powered property search engines, and online marketplaces have made it easier for buyers and renters to explore listings, view properties remotely, and compare prices. This digital transformation has broadened the reach of real estate markets, allowing international buyers to invest in properties without being physically present. For example, virtual reality (VR) and augmented reality (AR) technologies have become increasingly popular for virtual property tours, enabling potential buyers to experience a property remotely as if they were there in person.

Segmental Insights

Type Insights

Residential property dominated the global real estate market, driven by increasing demand for housing across urban and suburban areas. As populations continue to grow and urbanization accelerates, the need for residential spaces has surged. People’s basic need for shelter, combined with rising standards of living, means that the demand for homes—whether for ownership or rent—remains a primary driver in the real estate sector. In addition to population growth, factors such as economic development, low interest rates, and changing lifestyle preferences are fueling the residential market. In many regions, homeownership is seen as a key aspiration, further driving demand. In emerging economies, an expanding middle class is increasing demand for quality housing, while in developed nations, there is a shift toward larger, more sustainable, and tech-enabled homes due to remote work trends. Moreover, the COVID-19 pandemic significantly altered the housing market, causing many to seek more spacious homes with home-office setups in suburban or rural locations. This shift has created new growth opportunities in the residential sector, especially in suburban real estate. Residential property dominates not only in terms of market share but also in its significance for individuals and families, shaping the broader dynamics of the global real estate landscape.

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Regional Insights

The Asia Pacific region has emerged as a dominant force in the global real estate market, driven by rapid economic growth, urbanization, and increasing demand for both residential and commercial properties. Countries like China, India, Japan, and Southeast Asian nations are experiencing significant expansion, attracting both domestic and international investors. With a population exceeding 4.7 billion, Asia Pacific represents a substantial portion of global demand for real estate, particularly in rapidly developing economies. China, as the world's second-largest economy, has been a key player, with major cities like Beijing, Shanghai, and Shenzhen experiencing massive urban growth, fueling the demand for residential, retail, and office spaces. Similarly, India’s booming middle class and growing urban population are creating vast opportunities in residential real estate, commercial offices, and infrastructure projects. In Southeast Asia, cities like Singapore, Bangkok, and Jakarta are seeing a surge in both local and foreign investment due to their strategic locations and growing economies. Additionally, the region is becoming a hub for global corporations, driving demand for commercial spaces. The Asia Pacific region’s real estate market continues to be attractive due to favorable demographic trends, economic resilience, and a burgeoning middle class, making it a dominant player in the global real estate sector.

Recent Developments

• In 2025, Prestige Estates Projects Ltd, a real estate developer, plans to launch housing projects worth approximately USD 3.6 billion across major cities this quarter to capitalize on strong consumer demand. Executive Director Zayd Noaman confirmed the launch of these projects, primarily in Bengaluru, Delhi-NCR, Chennai, and Mumbai, with most of them already registered under RERA.
• In 2025, Century 21 Real Estate has announced a multi-year partnership with Major League Soccer (MLS) in the United States. This collaboration will involve Century 21 as an official partner of MLS, enhancing their brand visibility and engagement through MLS events, campaigns, and initiatives. The deal reflects both companies' focus on growth, leveraging the widespread popularity of soccer to expand their audience and build stronger connections with consumers across the nation.
• In 2025, JP Morgan Asset Management has partnered with Georgia Capital to launch a new U.S. build-to-rent (BTR) development company, Laseter Development Group. JP Morgan will hold a 50% stake, while Georgia Capital’s Paran Homes owns the remainder. The company plans to develop single-family rental homes in high-demand Sunbelt markets, with initial projects in Atlanta, Georgia, and Nashville, Tennessee, offering 165 and 126 homes, respectively. This partnership aims to address the growing demand for rental housing driven by demographic shifts and job growth in these regions.

Key Market Players

• 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

Report Scope:

In this report, the global Real Estate Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Real Estate Market, By Type:

o   Residential

o   Commercial

o   Industrial

o   Land      

·         Real Estate Market, By Booking Mode:

o   Sales

o   Rental

o   Lease

·         Real Estate Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Kuwait

§  Egypt

o   South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global Real Estate Market.

Available Customizations:

Global Real Estate Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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