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Global Residential Real Estate Market to reach USD 5.5 trillion by the end of 2029

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

Product Code: OIRHG-21656372
Publish Date: 20-03-2023
Page: 200

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
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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:
Apartments and Condominiums
Landed Houses and Villas

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Trillion)
1.2.1. Residential Real Estate Market, by Region, 2019-2029 (USD Trillion)
1.2.2. Residential Real Estate Market, by Type,2019-2029 (USD Trillion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Residential Real Estate Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Residential Real Estate Market Dynamics
3.1. Residential Real Estate Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising Urbanization. Various Government Reforms.
3.1.2. Market Challenges Effects of COVID-19 onResidential Real Estate
3.1.3. Market Opportunities Benefits Residential Real Estate Market Increasing Population leads to urbanization.
Chapter 4. Global Residential Real Estate MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Residential Real Estate Market, by Type
6.1. Market Snapshot
6.2. Global Residential Real Estate Market by Type, Performance – Potential Analysis
6.3. Global Residential Real Estate Market Estimates & Forecasts by Type2019-2029 (USD Trillion)
6.4. Residential Real Estate Market, Sub Segment Analysis
6.4.1. Apartments and Condominiums
6.4.2. Landed Houses and Villas
Chapter 7. Global Residential Real Estate Market, Regional Analysis
7.1. Residential Real Estate Market, Regional Market Snapshot
7.2. North America Residential Real Estate Market
7.2.1. U.S.Residential Real Estate Market Typebreakdown estimates & forecasts, 2019-2029
7.2.2. CanadaResidential Real Estate Market
7.3. Europe Residential Real Estate Market Snapshot
7.3.1. U.K. Residential Real Estate Market
7.3.2. Germany Residential Real Estate Market
7.3.3. France Residential Real Estate Market
7.3.4. Spain Residential Real Estate Market
7.3.5. Italy Residential Real Estate Market
7.3.6. Rest of EuropeResidential Real Estate Market
7.4. Asia-PacificResidential Real Estate Market Snapshot
7.4.1. China Residential Real Estate Market
7.4.2. India Residential Real Estate Market
7.4.3. JapanResidential Real Estate Market
7.4.4. Australia Residential Real Estate Market
7.4.5. South Korea Residential Real Estate Market
7.4.6. Rest of Asia PacificResidential Real Estate Market
7.5. Latin America Residential Real Estate Market Snapshot
7.5.1. Brazil Residential Real Estate Market
7.5.2. MexicoResidential Real Estate Market
7.6. Rest of The World Residential Real Estate Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Christie International Real Estate Key Information Overview Financial (Subject to Data Availability) ProductSummary Recent Developments
8.2.2. . Coldwell Banker Real Estate Group
8.2.3. DLF Ltd
8.2.4. Al Habtoor Real Estate L.L.C.
8.2.5. Hochtief Corporation
8.2.6. Engel & Volker AG
8.2.7. IJM Corporation Berhad
8.2.8. Lennar Corporation
8.2.9. Pulte group Inc.
8.2.10. Raubex Group Ltd
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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