How big is the Residential Real Estate Market?

The Residential Real Estate Market size is expected to reach USD 11.14 trillion in 2024 and grow at a CAGR of 6.07% to reach USD 14.96 trillion by 2029. Read More

What is the current Residential Real Estate Market size?

In 2024, the Residential Real Estate Market size is expected to reach USD 11.14 trillion. Read More

Who are the key players in Residential Real Estate Market?

Christie International Real Estate, ColdWell Banker Real estate Company, Al Habtoor Group, DLF Ltd and Hochtief Corporation are the major companies operating in the Residential Real Estate Market. Read More

Which is the fastest growing region in Residential Real Estate Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Residential Real Estate Market?

In 2024, the Asia-Pacific accounts for the largest market share in Residential Real Estate Market. Read More

What years does this Residential Real Estate Market cover, and what was the market size in 2023?

In 2023, the Residential Real Estate Market size was estimated at USD 10.46 trillion. The report covers the Residential Real Estate Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Residential Real Estate Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major drivers of the Residential Real Estate Market?

The major drivers of the Residential Real Estate Market are a) Low-cost affordable housing schemes, and a reduction in transactional taxes b) Increased urbanization and homeownership Read More

Residential Real Estate Market - Forecast, Trends & Industry Analysis

Residential Real Estate Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Residential Real Estate Market Report is Segmented by Type (apartments and Condominiums and Landed Houses and Villas) and Geography (North America, Europe, Asia-Pacific, the Middle East and Africa, Latin America, and the Rest of the World). The Report Offers Market Sizes and Forecasts for the Residential Real Estate Market in USD for all the Above Segments.

Residential Real Estate Industry Overview

The residential real estate market is fragmented and highly competitive, with the presence of regional and international players. International MNCs include Savills PLC and Sun Hung Kai Properties. The regional players dominate their respective countries, like DLF in India and KB Homes in the United States. Major companies in the market have adopted strategies such as acquisitions, business developments, joint ventures, partnerships, and product launches to offer better services to customers in the residential real estate market. For instance, in 2021, Savills formed a strategic alliance with SRS Real Estate Partners. In 2021, Lennar Group acquired RealStar Homes, a privately-held Coastal Carolinas operator, to expand the market.