Global Real Estate Market to Reach $4.7 Trillion by 2030
The global market for Real Estate estimated at US$3.8 Trillion in the year 2023, is expected to reach US$4.7 Trillion by 2030, growing at a CAGR of 3.3% over the period 2023-2030.
The U.S. Market is Estimated at $1.1 Trillion, While China is Forecast to Grow at 5.1% CAGR
The Real Estate market in the U.S. is estimated at US$1.1 Trillion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$817.7 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
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