Global Residential Real Estate Market Size study&Forecast, byType (Apartments and Condominiums, Landed Houses and Villas)and Regional Analysis, 2022-2029

Global Residential Real Estate Market Size study&Forecast, byType (Apartments and Condominiums, Landed Houses and Villas)and Regional Analysis, 2022-2029

Global Residential Real Estate Market is valued at approximately USD 3.69 trillion in 2021and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2022-2029.The foundation of any economy's health is the residential real estate sector.Shelter is a fundamental human need that is essential for survival during natural disasters or times of war. Within residential, there are apartments, condominiums, townhouses, and other types of living arrangements that are bought and sold. It can also provide a consistent incomeand provide leverage with very minimal risk. In the long run, real estate might generate extremely significant returns.In the near future, industry growth is anticipated to be accelerated due to government reforms, decreased rents, and lower mortgage rates in developing nations.

The famous hierarchy of needs (Maslow) pyramid places sheltersat the bottom as a basic human need. The pace of home searches and purchases picked up, which accelerated the real estate market's expansion.The number of residential transactions in the US was more than twice as high in 2016 as it was in 2002, according to The National Association of Realtors® (NAR). There are Government initiatives to support affordable housing promote market expansion, such as those envisioned for first-time buyer concessions, veteran subsidies, a golden visa, low-cost affordable housing schemes, and a decrease in transactional taxes, and low mortgage interest rates. Approximately 4.2 billion people, or 55% of the world's population, now reside in cities. This pattern is anticipated to persist. Nearly 70 out of every 100 people on the planet will reside in cities by 2050, with the urban population increasing exponentially from its current level. Considering that cities provide more than 80% of the world's GDP, urbanization may support sustainable growth if it is well managed by boosting productivity and fostering innovation and new ideas.The COVID-19 pandemic had a number of effects on the residential real estate markets. Lockdown was imposed in various regions which lead to delay in new developments and slowed down the industrial growth.

The key regions considered for the Global Residential Real Estate Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.Due to its cities high population densities and rising urbanization, Asia Pacific has dominated the market since the early 2000s. Because of falling interest rates, quick population expansion, and increased economic stability, the real estate industry in Asia and the Pacific is booming. For Asian Pacific real estate development, 2015 was one of the busiest years yet.Precisely In terms of real estate, China now controls the majority of Asia Pacific.Middle East & Africa is anticipated to develop with a CAGR of XX% during the forecast period. The increase is mostly related to the country's expanding housing and commercial project portfolio.

Major market player included in this report are:
Christie International Real Estate
Coldwell Banker Real Estate GroupDLF Ltd
Al Habtoor Real Estate L.L.C GroupHochtief Corporation
Engel & Volker AG
IJM Corporation Berhad
Lennar Corporation
Pulte GroupInc.
Raubex Group Ltd

Recent Developments in the Market:
In January 2022, Pulte Homes revealed Arbor wood, its newestneighbourhoodfor the Seattle area. Arborwood is a brand-new housing development situated near Kingston on the Olympic Peninsula. At Expansion, It will include 410 single-family homes and many unique floor plans.
In October 2021, the largest community of 3D-printed homes will be constructed utilising ICON's cutting-edge robots, software, and sophisticated materials, according to a pledge made by Lennar and ICONThe announcement strengthens a partnership that was established when Lennar invested in Austin-based ICON's most recent USD 207 million financing round.

GlobalResidential Real Estate Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByType:
Apartments and Condominiums
Landed Houses and Villas

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Christie International Real Estate
Coldwell Banker Real Estate GroupDLF Ltd
Al Habtoor Real Estate L.L.C GroupHochtief Corporation
Engel & Volker AG
IJM Corporation Berhad
Lennar Corporation
Pulte GroupInc.
Raubex Group Ltd

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